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Making Money Mobile in Haiti


30 March 2012

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An initiative of the Bill & Melinda Gates Foundation and USAID to support mobile-based financial services in Haiti highlights the potential of low-cost cellular technology to serve the poor.

The Bill & Melinda Gates Foundation and the U.S. Agency for International Development (USAID) in 2010 launched a USD$10 million incentive fund to jumpstart financial services by mobile phone in Haiti.

This initiative is helping deliver cash assistance to earthquake victims and lays the foundations for advanced banking services that could help millions of Haitians lift themselves out of extreme poverty.

 
Source : Viewchange

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