A Little World: Facilitating Safe and Efficient M-Banking in Rural India
A Little World (ALW)is an Indian company facilitating safe and efficient mobile-banking in rural India by offering a secure, low‐cost technology driven delivery platform for financial services through special mobile phones.
ALW and its sister entity, a non-profit organisation, ZERO Microfinance and Savings Support Foundation (ZMF) act as intermediaries between rural communities at one end, and mainstream financial institutions and the government at the other end. ALW offers a secure, low‐cost technology driven delivery platform for financial services through special mobile phones that store and help manage customer bank account data, authenticate account holders through photo and biometric identification and allow access to the bank accounts as Point of Service terminals. ALW and ZMF are present in 22 states, with over four million rural customers, 8,314 points of presence and an average of 25,000 new account openings every day.