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Can Mobile Money Improve Your Health?
According to insights provided byMondato, the general rule of thumb is that when something appears too good to be true, it very likely is. Imagine that you were unfamiliar with the concept of insurance. A stranger at your door promises that if you pay 1000 shillings per month via your phone, if at some point you or someone in your family were to fall ill, the man’s company will pay up to 300 times that amount to cover the medical expenses. You would certainly be forgiven for being highly circumspect, at the very minimum.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Central Bankers Shouldn’t Fret Over Mobile Money: Research says it doesn’t cause inflation, and could be beneficial in monetary policy
Research conducted by the University of Oxford for the Gates Foundation shows that the growth of mobile money will be neutral or (if anything) beneficial to the conduct of well-designed monetary policy. The authors believe this will be "a solid new brick in our fact base around digital financial services."
- Categories
- Technology
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A Light in the Darkness
Some mountainous parts of Mexico are so remote that the electricity grid fails to reach them, let alone the banking system. A five-year-old social enterprise, Iluméxico, hopes to change that. It provides more than 20,000 people with loans to buy low-cost solar panels and batteries, enabling them to switch lights on, watch television and charge mobile phones, sometimes for the first time.
- Categories
- Energy
- Region
- Latin America
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Twitter Top Ten 6-27-15: How well is your being? We’ve got the stats in our weekly compilation
We came across some doozies this week as we sniffed around the Twittersphere in our search for the best of the best. We learned that free’s not always a good thing; it’s possible for Bill Gates to give away EVEN MORE money; and Panama leads the world in "well-being." Again. (We were well-schocked.)
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- Uncategorized
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Weekly Roundup 6-26-15 : Financial inclusion beyond gender currency, public health and e-cigs, and what you can learn from 12 years of scaling up
Beginning this week, we will be doing a little remix of the weekly roundup. To start, we’re going to be publishing it on Fridays instead of Saturdays. Secondly, each week the entire NB team will be providing articles and mini-analyses from the world of social enterprise from a variety of angles - financial innovation, health and business development, to just name a few.
- Categories
- Health Care
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Five Trust Issues That Are Undermining Mobile Money: Surprisingly, says MicroSave, fraud is not customers’ biggest concern
After years spent overcoming the core challenges of establishing large-scale, sustainable digital finance systems in developing countries, attention is now shifting to consumer protection. According to Graham Wright, many of the key consumer protection issues relate to basic customer service – and they appear to be undermining trust and thus reducing both uptake and usage.
- Categories
- Education
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Is There Finally Some Movement on the Pressing Challenge of Microinsurance?
More market players are stepping into the microinsurance arena - if this trend continues, the role of philanthropy in this space may become less and less critical.
- Categories
- Uncategorized
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Uganda: Banks Partner with Telecoms to Cope With Mobile Pressure
Ugandan banks seem to have realized the threat from mobile services, as more of them are partnering with telecoms to swiftly roll out mobile banking products.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa