Tag Archives: bop finance

Creative ways to financial inclusion, inspired by observing practice

Needless to say, mobile money has been a wild success in scaling an expansive agent network for converting cash to e-money and enabling person to person money transfer. Speaking at a recent conference, John Staley, Chief Officer – Finance, Innovation and Technology at Equity Bank had this to say: “We should move the conversation from […]

Posted in Assumption filter, Banking, Base of the Pyramid, Cattle, Culture, Kenya, Livestock, Loans, Perspective, Philipines, rural, Rural Economy, Savings, urban | Also tagged , , , , | Leave a comment

The importance of the agent/customer relationship for successful financial inclusion

The role of agent networks in East Africa’s mobile money and mobile banking roll-outs is widely documented; as an intermediary, a kiosk exchange point – accepting deposits for e-money/ withdrawals for cash and usajili (registration). “. . .as the first point of contact, human agents help bridge the gap between a high-tech service and low-literacy […]

Posted in Assumption filter, Base of the Pyramid, Cashless transactions, Ecosystem, Informal & Flexible, Kenya, Mama Biashara, Mobile platform, Perspective, Prepaid Economy & Informal Sector, rural, Savings, Sub Saharan Africa, Technology, urban | Also tagged , , , , , , , | Leave a comment

Published! Pathways Out of Poverty by iBoPAsia Project

Innovating with the BoP in Southeast Asia. The iBoP Asia Project has published the complete set of small grants funding innovation projects for those at the Bottom of the Pyramid in the ASEAN region. One of the first projects to win the Small Grants competition in 2008 was The Prepaid Economy Project: Understanding BoP household […]

Posted in Airtime, Alternative currency, Analysis, ASEAN, Assumption filter, Banking, Base of the Pyramid, Book Reviews, Cashless transactions, Consumer Behaviour, Culture, Expenses, Flexibility, Frugality, Income, India, Indigenous & Traditional, Informal & Flexible, Literature review, Loans, Perspective, Philipines, Prepaid Economy & Informal Sector, Process, Projects and Reports, Research, Rural Economy, Savings, UCSD, User research | Also tagged , , , , , , , , , | Leave a comment