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Mobile microfinance for social development Workshop on the Role of Mobile Technologies in Fostering Social Development ****** 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 mobile microfinance Raphaël Dard, ICT for Trade Development Organized by the:
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Mobile microfinance for social development Workshop on the Role of Mobile Technologies in Fostering Social Development ****** Workshop on the Role of Mobile.

Dec 27, 2015

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Page 1: Mobile microfinance for social development Workshop on the Role of Mobile Technologies in Fostering Social Development ****** Workshop on the Role of Mobile.

Mobile microfinance for social development

Workshop on the Role of Mobile Technologies in Fostering Social Development

******

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:

Page 2: Mobile microfinance for social development Workshop on the Role of Mobile Technologies in Fostering Social Development ****** Workshop on the Role of Mobile.

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

Page 3: Mobile microfinance for social development Workshop on the Role of Mobile Technologies in Fostering Social Development ****** Workshop on the Role of Mobile.

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

Page 4: Mobile microfinance for social development Workshop on the Role of Mobile Technologies in Fostering Social Development ****** Workshop on the Role of Mobile.

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

Page 5: Mobile microfinance for social development Workshop on the Role of Mobile Technologies in Fostering Social Development ****** Workshop on the Role of Mobile.

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

Page 6: Mobile microfinance for social development Workshop on the Role of Mobile Technologies in Fostering Social Development ****** Workshop on the Role of Mobile.

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

Page 7: Mobile microfinance for social development Workshop on the Role of Mobile Technologies in Fostering Social Development ****** Workshop on the Role of Mobile.

Workshop on the Role of Mobile Technologies in Fostering Social Development

June 2-3 2008, Sao Paulo, Brazil

mobilemicrofinance

Linking urban and rural areas

Page 8: Mobile microfinance for social development Workshop on the Role of Mobile Technologies in Fostering Social Development ****** Workshop on the Role of Mobile.

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

Page 9: Mobile microfinance for social development Workshop on the Role of Mobile Technologies in Fostering Social Development ****** Workshop on the Role of Mobile.

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

Page 10: Mobile microfinance for social development Workshop on the Role of Mobile Technologies in Fostering Social Development ****** Workshop on the Role of Mobile.

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

Page 11: Mobile microfinance for social development Workshop on the Role of Mobile Technologies in Fostering Social Development ****** Workshop on the Role of Mobile.

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:

Page 12: Mobile microfinance for social development Workshop on the Role of Mobile Technologies in Fostering Social Development ****** Workshop on the Role of Mobile.

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

[email protected]