The objectives of the Special Project include exploring:

• Ways to help migrants and their families maximise the usefulness of the remittances
• The role and potential for diaspora associations to assist in increasing the economic and social impact of remittances
• Processes for the sender to specify what the money is used for (food, medicine, education, electricity, etc)
• Technologies for easy, fast, inexpensive and safe money transfer
• The role of financial literacy, and efficient ways for migrants and their families to gain financial literacy
• Benefits and disadvantages of joining and participating in the formal financial sector, including having a bank account
• Financial instruments for migrants and their families to safely expand their resources including microfinance loans, investing in cooperatives, investing in diaspora bonds