Grameen Foundation's Lisa Kienzle, Olga Morawczynski and Ali Ndiwalana recently co-authored a blog post with Ignacio Mas on the blog Mobile Active. Here they introduce and user-test one concept of savings: deferred payments over mobile money. Below is an excerpt, followed by a link to the full post.
Grameen Foundation’s AppLab Money believes that mobile money is essentially a liquidity-management platform. Put differently, it could be described as LiFi: Connecting people to an electronic payment system via their mobile phones that provides Liquidity with Fidelity. What does it take to turn mobile money systems into a full-fledged savings platform? A full savings proposition would address these additional key elements: