The post below is a reprint of the recent article I wrote for NextBillion.net. To see the orginial post, please click here.
Base of the pyramid (BoP) organizations may arguably have
some of the best intentions the private sector has to offer. But even they
don’t always get it right. As the Grameen Foundation’s Leo Tobias pointed out
on NextBillion recently, Grameen has long used mobile phones as a point of
access for the BoP. But the organization has learned that 22 percent of their
customers may not even own their own handsets, so they’re either shut out of
Grameen’s mobile money solution or vulnerable to security risks if they use
someone else’s handset to transfer funds.
