Tag Archives: m pesa

UW computer scientists to make financial products better and more available for the poor

In Kenya, the ease of transferring money via mobile phone has increased incomes in rural areas, enabled small businesses to thrive and reshaped the country’s economy.

Thanks to this mobile money revolution, a taxi driver working in Nairobi can give a local merchant $50 in wages and the cell phone number of his wife in the family’s home village. The wife gets a text message, then goes to a rural merchant who either immediately gives her $48, or distributes some portion of the wages and keeps the rest for her in savings. (more…)

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Green Revolution 2: Apps for Farmers

Doing paperwork has proven to be unsustainable but also entirely cumbersome in recent years given the multiplication of smartphones, tablets and other mobile devices. From Australia to America, Canada to Kenya, a paradigm shift towards cloud computing is being felt in the world and this could only expedite the clamor for less paper consumption.

Tradespersons have progressively depended on cloud-based applications to manage invoicing, bookkeeping and other jobs instead of filling their dashboards with unnecessary clutter. In particular, most farmers have looked and used the Cloud for a chance to turn a profit and save the earth all at the same time. (more…)

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