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Mobile Money Movers – Part 1: A conversation with Sitoyo Lopokoiyit, Head of Strategy for Financial Services at Safaricom
M-Pesa is the world’s leading mobile money system, and one of the biggest success stories in the history of BoP business. Launched in Kenya by Safaricom in 2007, it’s now used by over two-thirds of Kenya’s adult population - and it is expanding to other countries in Africa and beyond. In Part 1 of our Mobile Money Movers series, Kyla Yeoman interviews Sitoyo Lopokoiyit, Head of Strategy for Financial Services at Safaricom.
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Microfinance empowering women in un-banked villages
Sa-Dhan, an umbrella of microfinance groups, hopes pending Bill will bring down interest rates.
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- microfinance
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How mobile money fights malnutrition in Guatemala
When a natural disaster or humanitarian emergency strikes, food is usually distributed in the form of rations given to people standing in long queues.Getting cash and food aid to remote rural communities after a natural disaster like an earthquake or a hurricane is logistically complex, expensive and takes time.
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How a money-tracking tool is helping businesses grow in India
While growing up in northern India, Shivani Siroya says she encountered entrepreneurs on a regular basis. Now, she's helping them track their finances in order to boost their businesses.
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Ugandans sidestep banks, embrace mobile money
The use of non-bank formal services is leading the pack of financial inclusion in Uganda, a new study has revealed.
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- mobile finance
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A Reality Check on Crowdfunding
From Silicon Valley to Hollywood to Main Street USA, young entrepreneurs tell stories of windfalls and glorious escapes from established (read: outdated) standards and practices of business.
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Post-typhoon expansion of micro-insurance coverage for the poor sought in the Phillipines
The recent devastation caused by supertyphoon Yolanda in the Visayas underscored the importance of expanding coverage of micro-insurance to the marginalized communities in the country.
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Microloans Finance a Path to U.S. Citizenship
In the past 18 months, a Californian bank has helped more than 300 legal permanent residents attain citizenship by extending them a $1,000 loan.
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- microfinance
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