Re: Is Mobile Banking Really Reducing Poverty?

On Mon, 3 Nov 2008 10:42:40 -0500 (EST), Raul Zambrano wrote
> This might be of intesest to all.
> http://www.sdnp.undp.org/perl/news/articles.pl?id=10573&do=gpage
> 

It is fair to point out that the article is NOT published by 
undp.org (UN Development Programme) as the URL may imply, but by 
mobileactive.org, "a community of people and organizations using 
mobile phones for social impact". The actual URL is 
http://mobileactive.org/mobile-banking-really-reducing-poverty-close-
look-promise-v-reality

And here is another selective quote from the article:
"While the future looks promising for unbanked people with the 
mobile revolution, the reality is not quite there. We are in the 
early stages of a market that is expansionist but not yet mature—and 
it is not reaching the poorest of the poor."

Janusz