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Telecommunications

Cell Phone Mashup: Mobile Microfinances to Eradicate Poverty

What will change in the world because this Project happens?

Today Grameen Phone has more than 10 million subscribers, connects 100 million people through 250,000 phone ladies, who buy phones on microloans from the Grameen Bank and lease air time to villagers to make a living after paying off their loans.

The project will in particular employ an extremely economical open source technology for cellphones, " OpenMoko ", which support all Web2.0 services and an unique, cost-efficient and effective way to deliver, commercialize and financing these services.

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