Poor women to get mobile feeds on their financial info

Tuesday, July 17, 2012

About 90 lakh women members of self help Groups (SHGs) in Andhra Pradesh can look forward to this facility, thanks to a mobile book-keeping project being launched by the State Government.

As centre meetings are the cornerstones of SHG activity, data on repayments made and loans disbursed will be uploaded to mobile phones by the record keepers in about 15 minutes.

The records will capture all the existing loans of individual members, insurance details, old loans, details of assets and repayment dates in Telugu.

Source: The Hindu Business Line (link opens in a new window)

Categories
Technology
Tags
microfinance, mobile applications