Leveraging ICT for Savings Groups

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Mobile Linkage Opportunity Connecting the World’s Poor to Their Potential GRAMEENFOUNDATION.ORG Leveraging ICT for Savings Groups Grameen Foundation AppLab December 2013

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Leveraging ICT for Savings Groups. Grameen Foundation AppLab December 2013. Grameen Foundation: Our Work. Access to Information (Ag, Health, Finance). Access to Financial Services. Access to Business Opportunities. Grameen Foundation: Our Work. - PowerPoint PPT Presentation

Transcript of Leveraging ICT for Savings Groups

Page 1: Leveraging ICT for Savings Groups

Mobile Linkage Opportunity

Connecting the World’s Poor to Their Potential

GRAMEENFOUNDATION.ORG

Leveraging ICT for Savings GroupsGrameen Foundation AppLabDecember 2013

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Mobile Linkage Opportunity

Grameen Foundation: Our Work

Access to Information (Ag, Health, Finance)

Access to Financial Services

Access to Business Opportunities

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Mobile Linkage Opportunity

Grameen Foundation: Our Work

Access to Information (Ag, Health, Finance)

Access to Financial Services

Access to Business Opportunities

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Mobile Linkage Opportunity

9M members globally, 90% in

Africa

Uganda the largest –

1.2M members, 34M population

~50% in

East Africa

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Mobile Linkage Opportunity

500,000 members, 25,000 groups

Group products – savings and credit

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Mobile Linkage Opportunity

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Mobile Linkage Opportunity

Design, Develop, and Scale Sustainable Solutions for the Poor

Design, Develop, and Scale Sustainable Solutions for the Poor

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Mobile Linkage Opportunity

66% literacy

70% phone access

86% rural

20% banked

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Mobile Linkage Opportunity

Our approachour approach

Exploratory ethonographic researchHCD – rapid product testing

Sustainable solutions

Busia3 groups

2 members3 supporters

Fort Portal1 group

2 members2 supporters

Soroti2 groups

4 members2 supporters

Iganga3 groups

4 members1 supporters

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Mobile Linkage Opportunity

distance data

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Mobile Linkage Opportunity

distance data

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Mobile Linkage Opportunity

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Grameen Foundation Solutions Innovation Process

“This product will let us be somebodies, not nobodies.”

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Grameen Foundation Solutions Innovation Process

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Grameen Foundation Solutions Innovation Process

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Mobile Linkage Opportunity

distance data

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Mobile Linkage Opportunity

cost

visibilitysecurity

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Mobile Linkage Opportunity

“I would trust a phone SMS message from the bank more

than a paper receipt.”

“Even when we deposit we send at least 2 people. Ideally we’d

send 3 each time to have a witness.”

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v

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Mobile Linkage Opportunity 20

• What we know

• What we believe

– TBU

Discussion questions

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Mobile Linkage Opportunity

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Mobile Linkage Opportunity

what we knowthe poor can use complex technology – if it is designed with them

what we thinkthe model is sustainable and scalable

ICT can enhance an already successful approach to financial inclusion

what we believe

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Mobile Linkage Opportunity

Thank you!Lisa KienzleGrameen Foundation [email protected]

Juan Forero

Grameen Foundation Colombia

[email protected]