In the Philippines, we are using mobile financial and information services to accelerate poverty alleviation, primarily in rural and agricultural areas, and championing rigorous social performance measurement throughout the value chains in which we work.
We are expanding our work with CARD Bank beyond microsavings. Our new efforts will support its broader implementation of mobile financial services that will give its more than 400,000 members access to loans, remittances, savings and payments over the next two years. We are also working with local organizations to build a network for mobile financial services in more rural and agricultural regions of the country.
Additionally, as part of our commitment to improving poverty outreach using data and insights on client behavior and decision-making, we have created a Poverty Outreach Report for the Philippines.