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Leveraging ICT for Savings Groups. Grameen Foundation AppLab December 2013. Grameen Foundation: Our Work. Access to Information (Ag, Health, Finance). Access to Financial Services. Access to Business Opportunities. Grameen Foundation: Our Work.
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Leveraging ICT for Savings Groups Grameen Foundation AppLab December 2013
Grameen Foundation: Our Work Access to Information (Ag, Health, Finance) Access to Financial Services Access to Business Opportunities
Grameen Foundation: Our Work Access to Information (Ag, Health, Finance) Access to Financial Services Access to Business Opportunities
9M membersglobally, 90% in Africa ~50%inEast Africa Uganda the largest – 1.2Mmembers,34M population
500,000 members, 25,000 groups Group products – savings and credit
Design, Develop, and Scale Sustainable Solutions for the Poor
86% rural 66% literacy 70% phone access 20% banked
Exploratory ethonographic research HCD – rapid product testing Sustainable solutions our approach Our approach Iganga 3 groups 4 members 1 supporters Soroti 2 groups 4 members 2 supporters Busia 3 groups 2 members 3 supporters Fort Portal 1 group 2 members 2 supporters
distance data
distance data
distance data
cost visibility security
“Even when we deposit we send at least 2 people. Ideally we’d send 3 each time to have a witness.” “I would trust a phone SMS message from the bank more than a paper receipt.”
Discussion questions What we know What we believe • TBU
what we know the poor can use complex technology – if it is designed with them what we think the model is sustainable and scalable what we believe ICT can enhance an already successful approach to financial inclusion
Thank you! Lisa Kienzle Grameen Foundation Uganda lkienzle@grameenfoundation.org Juan Forero Grameen Foundation Colombia jforero@grameenfoundation.org