mobile microfinance for social development workshop on the role of mobile technologies in fostering...
TRANSCRIPT
Mobile microfinance for social development
Workshop on the Role of Mobile Technologies in Fostering Social Development
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Workshop on the Role of Mobile Technologies in Fostering Social Development
June 2-3 2008, Sao Paulo, Brazil
June 2-3 2008, Sao Paulo, Brazil
mobilemicrofinance
Raphaël Dard, ICT for Trade Development
Organized by the:
Workshop on the Role of Mobile Technologies in Fostering Social Development
June 2-3 2008, Sao Paulo, Brazil
mobilemicrofinance
Mobile phones for business
tradeathand
marketPrices
An International Trade Centre service
Workshop on the Role of Mobile Technologies in Fostering Social Development
June 2-3 2008, Sao Paulo, Brazil
mobilemicrofinance
Mobile phones for business
tradeathand
marketAlerts
An International Trade Centre service
Workshop on the Role of Mobile Technologies in Fostering Social Development
June 2-3 2008, Sao Paulo, Brazil
mobilemicrofinance
Microfinance and its strengths
Access to credit, savings, funds transfer and even insurance
Loans: a critical entrepreneurship-enabling factor
Microfinance is a strong poverty reduction tool
Can help businesses to move from informal to formal economy
About 120 million people have access to microfinance today
Workshop on the Role of Mobile Technologies in Fostering Social Development
June 2-3 2008, Sao Paulo, Brazil
mobilemicrofinance
World penetration growth of mobile phones…
source: wireless intelligence/GSMA
Workshop on the Role of Mobile Technologies in Fostering Social Development
June 2-3 2008, Sao Paulo, Brazil
mobilemicrofinance
User number evolution, in Africa 1998 - 2006
Million users
Workshop on the Role of Mobile Technologies in Fostering Social Development
June 2-3 2008, Sao Paulo, Brazil
mobilemicrofinance
Linking urban and rural areas
Workshop on the Role of Mobile Technologies in Fostering Social Development
June 2-3 2008, Sao Paulo, Brazil
mobilemicrofinance
M-banking pioneers
Source: CGAP 2008
Workshop on the Role of Mobile Technologies in Fostering Social Development
June 2-3 2008, Sao Paulo, Brazil
mobilemicrofinance
Why m-microfinance has a huge potential for social development?
Mobiles allow substantial transaction cost reduction
Cost-efficient financial services open huge opportunities
Reach many so-called “unbanked”
Financial services boost entrepreneurship
Entrepreneurship is key for social development
Workshop on the Role of Mobile Technologies in Fostering Social Development
June 2-3 2008, Sao Paulo, Brazil
mobilemicrofinance
Challenges ahead
Raise awareness on the potential, at government level
Collect/disseminate best practices and models to avoid
Propose facilitating measures and regulations
Provide revenue-sharing schemes that benefit All
Ensure a gradual and constant progress towards a global
mobile-based financial network for developing economies
Workshop on the Role of Mobile Technologies in Fostering Social Development
June 2-3 2008, Sao Paulo, Brazil
mobilemicrofinance
The need for a dedicated and concerned group
A forum where all stakeholders are represented
A body that voices concerns and recommendations
A body that has influence at a high level
A body that can act according to recommendations
Ready to address collectively the challenges,
and:
Workshop on the Role of Mobile Technologies in Fostering Social Development
June 2-3 2008, Sao Paulo, Brazil
mobilemicrofinance
Thank you for your attention
Raphaël Dard