Financing through Remittances

An interesting article on NextBillion the other day about CEMEX's Construmex program which puts remittance money directly into production in the form of housing.

I don't know the exact method Construmex uses to wire the money for purchases but one popular trend is through the mobile phone. Aryty is the first company that comes to mind.

Both of these ideas are suitable for financing microfranchise startups. It is another service that the franchisor could supply.