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Maoists have looted microfinance offices in Nepal.
During the Syria conflict, the majority of UNRWA's microfinance offices have been damaged.
Mobile operators and microfinance offices are predicted to also use the machines, causing competition for cash remittance transfers, further reducing pricing.
The new super-ATM allows lower cost, higher security, and an opportunity for both the cash remittance venues, mobile phone shops, and microfinance offices around the world to increase business.
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The majority were from the now devastated Yarmouk refugee camp in Damascus, where our largest microfinance office had been situated.
Many microfinance lenders function like banks.
"I am not sure the microfinance industry has the back-office technology they need," Realini says.
At the very least, says Mr Watkins, governments should encourage the emergence of new types of money-transfer agents, such as microfinance institutions and Africa's thousands of post offices, only 20% of which are presently authorised to pay remittances.
Some microfinance organizations in Kenya will not open an office in the worst slums.
SKS, a fast-growing microfinance institution in India, has had to build back-office systems that can work on two hours of power a day; it closely monitors voltage when its computers are running and keeps a diesel generator on hand.
Based in the Netherlands, but with an office near Preston, Lancashire, Oikocredit lends its investors' money to microfinance institutions all over the world.
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