Complete Schedule of Events

Presentation Title

Mobile Phone Financial Services in Africa

Student Presenter(s) and Advisor

Alexandria Stensland, Lake Forest CollegeFollow

Location

Young 320

Abstract

Mobile phone banking services permit low-income and rural consumers to receive funds, make payments, and transfer money. Remote regions without banks, cash machines, and credit cards are served by low-cost cell phone banking services that are easily used by those with limited technology skills. The mobile phone serves as a debit card. In Kenya, M-Pesa is improving the social and economic empowerment of women. In areas of Bangladesh, the Grameen Bank leases phones to help people start businesses. I will present my research findings that these small enterprises result in personal and social economic opportunities that include improved food, water, health care, and education.

Presentation Type

Individual Presentation

Start Date

4-8-2014 2:40 PM

End Date

4-8-2014 3:40 PM

Panel

Panel: Alternative Financial Services in Cross-Cultural Settings

Field of Study for Presentation

Economics, International Relations

No downloadable materials are available for this event.

Share

Import Event to Google Calendar

COinS
 
Apr 8th, 2:40 PM Apr 8th, 3:40 PM

Mobile Phone Financial Services in Africa

Young 320

Mobile phone banking services permit low-income and rural consumers to receive funds, make payments, and transfer money. Remote regions without banks, cash machines, and credit cards are served by low-cost cell phone banking services that are easily used by those with limited technology skills. The mobile phone serves as a debit card. In Kenya, M-Pesa is improving the social and economic empowerment of women. In areas of Bangladesh, the Grameen Bank leases phones to help people start businesses. I will present my research findings that these small enterprises result in personal and social economic opportunities that include improved food, water, health care, and education.