Posts Tagged ‘mobile technology’

Microfinance Focus, July 20, 2010: Microfinance News Synopsis brings a compilation of industry headlines broadcasted by other news media from across the world. MFIs tap technology as the bridge to reach unbanked millions: Kenyan microfinance institutions have for a long time served the unbanked segments of the population despite several obstacles in their quest to access this niche. It is estimated that micro-enterprises contribute about 18 ... Full story

By Ayesha Dsouza Microfinance Focus, Dec. 10, 2009 (Mumbai): The cost of setting up village banks will soon come down to Rs. 20,000, thanks to a model developed by "A Little World". Enabled by bluetooth mobile phone technology, these branches can be opened in villages bringing down the cost drastically, said Mr Sonjoy Mohanty, Chief Executive Officer of A Little World, on second-day of the conference ... Full story

Microfinance Focus, Sept. 23, 2009: India's mobile solutions provider 'mChek' has been awarded the TiE-Lumis entrepreneurial excellence award. The award is to encourage startups which have made a mark in the industry. It has also developed mobile banking and payments technology for microfinance applications and conducted a pilot project with Grameen Koota, an MFI in Bangalore. mCheck had earlier bagged the Global Red Herring 100 Award in ... Full story