microfinance

See the following -

5 Open Source Projects That Are Improving the World

One of the strengths of the open source community has been its ability to bring concentrated effort to bear on big problems. When tragedy strikes, or a pressing need arises, there are groups of people who gather together to attempt to solve the problems as a community. You may not have heard of these five open source projects, but they are attacking some of the world's biggest problems and making a true impact in people's lives... Read More »

Ending Poverty: There's an Open Source App for That!

Rural Africa presents changemakers with intractable challenges across sectors, but one American investor, Grameen Foundation, believes it all comes down to access to information. Grameen Foundation has invested millions to develop mobile-phone applications that leapfrog over a lack of electricity, education, and income. Building on their legacy of leading-edge ideas, Grameen Foundation has evolved from funding microfinance to designing disruptive solutions to the kind of poverty that's most challenging to reach, in remote rural areas, and to the poorest of the poor. Since more people have access to cell phones than toilets in Africa, Grameen Foundation brings increased agricultural productivity, access to prenatal and infant healthcare, and a portfolio of financial services, to the poor--right into the palm of their hands.

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In Kenya, Microfinance Is Going Mobile – Part 1

Claire Penicaud | GSMA.com | September 6, 2012

This blog has been written with the support of Tonny Omwansa, co-author of Money, Real Quick: The story of M-Pesa. We want to thank David James, CEO of Musoni and Sharon Langevin, Project Director of FrontlineSMS:Credit. Read Part 2 here. Read More »

The ‘Avon Ladies’ Of Africa

Tina Rosenberg | New York Times | October 10, 2012

What if every time people came up with a new product, they also had to devise a completely new way to sell it?   Imagine that we had no Amazons, eBays, Targets or Walmarts — no distribution chain at all, and no stores near potential buyers.  Nor is there a way for potential customers to learn about the product. Oh, and they can’t afford it anyway — they can’t afford much of anything... Read More »