This blog is mainly a personal storage site for articles and papers that interest me. They will mainly be about financial markets, current policy issues and articles that relate to these topics.
Wednesday, September 08, 2010
Mobile phone and microfinance
Amidst a discussion of mobile phones in Kenya in the Guardian, the possibility that microfinance improvements may also be seen.
Besides enabling millions of people to easily communicate over distance for the first time, the mobile phone has spurred a host of other life-improving innovations, including a money transfer service that allows people to send cash instantly across the country via text message.