Blog Archive: November 2012

Three Stories (and Lessons) about Saving through the Mobile Phone

November 20, 2012

Julia Arnold is a Program Associate for Grameen Foundation’s Microsavings initiative. If you have any questions for Julia about her time in India with the members of Cashpor, she will answer them here in the comments section.

In July, on behalf of Grameen Foundation’s Microsavings initiative, I went to Cashpor Microcredit in Varanasi, India, to conduct research on mobile phone use among its savings and credit clients.  The microfinance institution (MFI) began offering savings services via mobile phones in July 2011, providing a vital financial service to its clients to which they would not otherwise have access.  Building assets through a safe, reliable savings account helps the poor plan for the future and mitigate the risk of small, unreliable incomes.

Though we understood that a majority of Cashpor clients had some access to a mobile phone before the MFI began offering the savings services, there is global evidence that poor women have limited access to and literacy with mobile devices.  We wanted to know if the mobile phone requirement in Cashpor’s program limited the ability of its clients, all of whom are female, to access the savings services.

Teaming up with Kiva to Empower the Poor

November 19, 2012

Community Knowledge Worker

We're proud to announce that Kiva lenders can now support our high-impact Community Knowledge Worker (CKW) program!

Through our AppLab initiative, we've spent more than a decade successfully exploring ways to use mobile phones to improve people's lives through information sharing about such areas as healthcare, business opportunities, finances and agriculture. In Uganda, where we're focusing on agriculture, we do this through a network of "farmer leaders" nominated by their local communities to become Community Knowledge Workers.

Day Eight: Reaching the Poor and the Organizations That Serve Them

November 18, 2012

For the 12 days leading up to Thanksgiving in the U.S., we’re featuring 12 stories from six different countries we work in, as a way of saying, “Thank You” to our supporters, who make our work possible. We hope that you enjoy seeing the difference that you’re making in the lives of poor people around the world, every day.

Cristopher Lomboy lives in Los Banos, in the Philippine province of Laguna. He joined Grameen Foundation in November 2009 as its poverty measurement specialist in Asia.