Posts Tagged ‘mobile money’

Microfinance Focus, Sep 22, 2010: Haitian wireless operator Voila, a subsidiary of Seattle-based Trilogy International Partners, and Unibank, a financial institution in Haiti, are teaming with international relief and development agency, Mercy Corps, to launch a humanitarian assistance program which will enable Mercy Corps' cash-for-work, grant and food voucher recipients to use their Voila phones as mobile wallets, according to an official statement. Subsequent to Banque ... Full story

Microfinance Focus, Aug 16, 2010: The rapid proliferation of cellular phones around the world “has changed the course of human development,” Under Secretary of State for Democracy and Global Affairs Maria Otero said August 2 at the State Department conference “Tech@State: Mobile Money and Financial Inclusion.” Yet, at the same time, 1.7 billion low-income cell phone users do not have a bank account. In effect, they ... Full story

Microfinance Focus, June 19, 2010: Microfinance News Synopsis brings a compilation of industry headlines broadcasted by other news media from across the world. Niger Govt Spends N1.5b on Microfinance Banks: Niger State government has spent over N1.5 billion to facilitate establishment of Microfinance banks in all 25 local government areas of the state. Director General of the state’s Small and Medium Scale Enterprises and Microfinance Agency, ... Full story

Microfinance Focus, May 26, 2010: The GSMA has yesterday announced seven new grantees from the Mobile Money for the Unbanked (MMU) Fund, which is administered by the GSMA Foundation, Inc. with funding from the Bill and Melinda Gates Foundation. The latest grantees of MMU include Tata Indicom in India, Cellcard in Cambodia, Digicel in Fiji, Orange in West Africa, Safaricom in Kenya, Telenor in Pakistan, ... Full story

Microfinance Focus, Nov 30, 2009: Mobile Network Operators are uniquely positioned to introduce the 'unbanked' to financial services, from microcredit loans to person-to-person (P2P) transfers, remittances from migrant workers to their families at home, the potential is huge, according to the report "Mobile Money: Lessons from Emerging Markets", published by Research and Markets. The report highlights that in emerging markets, there are millions of mobile customers ... Full story

Microfinance Focus, Nov. 20, 2009: The GSMA, the body that represents the worldwide mobile communications industry, revealed the details of six additional grants from the Mobile Money for the Unbanked Fund (MMU), which is administered by the GSMA Foundation. New grantees include AKTEL in Bangladesh, Dialog Telekom PLC in Sri Lanka, Grameen Phone in Bangladesh, MTN Cameroon, MTN Uganda and Vodacom Tanzania. Grants are available ... Full story