Tag Archives: cash based

Lessons for Formal Finance from Informal financial services

By | August 21, 2015

  On one of my many field explorations on rural financial services,  I found out, that for one mama biashara, as soon as payment checks in, she withdraws all her funds from her local coffee SACCO account, and spreads it out via micro-deposits across her more than 5 local informal savings groups (from right to… Read More »

Can digital currency earn trust in hyper-local rural economies?

By | May 12, 2015

One characteristic of rural and informal type micro-economies, is irregular patterns in cash flows and money supply. Mama biashara for instance, finds it hard to replenish stock if business is generally slow within her domain. Even if she could, there is still Mr. boda boda who has to be paid. When he doesn’t get paid,… Read More »

Spotting an opportunity in Kinshasa’s informal markets

By | September 14, 2011

After writing yesterday’s post on the proliferation of superficial analysis being used to exemplify emerging consumer market opportunities in Sub Saharan Africa, I was pleased to find this  Afribiz article demonstrating clearly how on the ground observations can help identify spaces for innovation and new business in the informal markets: At first glance, Kinshasa might… Read More »