Infrastructure Development

To enable Commonwealth Micro Finance to fulfil its mission to provide access for an increasing number of Commonwealth citizens to an growing range of financial products and services, it is undertaking a massive programme of infrastructure development. In the pilot country India this entails the design build and equipping of 500 ZippMoney Centres as well as the installation of 5000 POS machines with India businesses and retailers.

The lack of infrastructure and the cost of its installation have been a stumbling block of economic development. Money has been kept out of the banking system and a wide range of services have been lacking or are totally non- existent.

CMF has developed a novel and cohesive strategy that facilitates competition and allows established banks to offer their products and services alongside those of other organisations.

In addition to advanced banking machines, POS Machines, satellite links, generators and solar panels. All the ZippMoney Centres will be staffed by a qualified IFA who will be trained to help and educate customers in the selection of the most appropriate products and services.

Wherever CMF develop their services it will always focus on providing the most up to date, best value and most effective services to even the most poorly developed community. In doing so it will be doing its bit to fulfil its mission of creating commonwealth for all.