Thursday, January 6, 2011

Mobile Phone Banking System in Kenya

Here is an interesting article that is an excellent example of innovating from the bottom of the pyramid. In Kenya, people are using mobile phones as a banking system. In less than four years, the system has more than 13 million users and 23,000 agents.

If you’re tired of reading, you can also just listen to the story.

http://www.wbur.org/npr/132679772/mobile-money-revolution-aids-kenyas-poor-economy

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