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Grameen Shakti (GS) is one of the leading renewable energy organization which has installed benefiting more than 2 million rural people .
Key to its success is an innovative financial mechanism base on installments . GS is also using women to carry out its activities .
Under the proposed project , GS plans to use mobile phones to facilitate collections of installments from rural clients .
Many of GS clients are either Grameen Bank borrowers or have accounts at GB branches
Under the proposed project the following would be accomplished :
Installment payment information would transferred via mobile phones to Grameen Shakti staff at their computers . These information transfer would be done by GB staff and periodically checked by GS staffs
The success of the project who help to demonstrate the impact of mobile phone banking which is yet to be endorsed by the government . It would also help to incorporate more women more in GS activities as they would not have to visit rural clients every month to collect installments
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