Mastercard in partnership with WARBE Development Foundation has announced the grassroots level financial education program on Remittance Utilization, investment and savings to educate and train 35,000 migrant workers and their left-behind families.
A large number of populations, especially people who are working abroad and their families who lives in rural areas of Bangladesh are dependent financially on foreign remittance. However, most of these people are not aware about the authentic remittance transaction process and its proper utilization.
Mastercard through this initiative wants to aware and educate these communities on the proper way of remittance transfer, saving practices and its effective utilization of remittance.
Mastercard in collaboration with WARBE Development Foundation has successfully trained 15,000 migrant workers and their left-behind families in the first phase. This time Mastercard looks forward to train 35,000 more, taking the total numbers of people trained on remittance management to 50,000.
State Minister for Finance Muhammad Abdul Mannan, MP, and additional secretary Dr. Ahmed Munirus Saleheen, attended the ceremony as guests among others. Md. Israfil Alam, MP, Advocate Hosne Ara Lutfa Dalia, MP, Jebunnesa Afroz, MP, Ms. Mehjabeen Khaled, MP were also present.
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