1. Mobile microfinance for social development Workshop on the Role of Mobile Technologies in Fostering Social Development ****** Workshop on the Role of Mobile Technologies in Fostering Social Development June 2-3 2008, Sao Paulo, Brazil mobile microfinance Raphaël Dard, ICT for Trade Development Organized by the:

2. Workshop on the Role of Mobile Technologies in Fostering Social Development June 2-3 2008, Sao Paulo, Brazil mobile microfinance Mobile phones for business tradeathand marketPrices An International Trade Centre service

3. Workshop on the Role of Mobile Technologies in Fostering Social Development June 2-3 2008, Sao Paulo, Brazil mobile microfinance Mobile phones for business tradeathand marketAlerts An International Trade Centre service

4. Workshop on the Role of Mobile Technologies in Fostering Social Development June 2-3 2008, Sao Paulo, Brazil mobile microfinance Microfinance and its strengths  Access to credit, savings, funds transfer and even insurance  Loans: a critical entrepreneurship-enabling factor  Microfinance is a strong poverty reduction tool  Can help businesses to move from informal to formal economy  About 120 million people have access to microfinance today

5. Workshop on the Role of Mobile Technologies in Fostering Social Development June 2-3 2008, Sao Paulo, Brazil mobile microfinance World penetration growth of mobile phones… source: wireless intelligence/GSMA

6. Workshop on the Role of Mobile Technologies in Fostering Social Development June 2-3 2008, Sao Paulo, Brazil mobile microfinance User number evolution, in Africa 1998 - 2006 Million users

7. Workshop on the Role of Mobile Technologies in Fostering Social Development June 2-3 2008, Sao Paulo, Brazil mobile microfinance Linking urban and rural areas

8. Workshop on the Role of Mobile Technologies in Fostering Social Development June 2-3 2008, Sao Paulo, Brazil mobile microfinance M-banking pioneers Source: CGAP 2008

9. Workshop on the Role of Mobile Technologies in Fostering Social Development June 2-3 2008, Sao Paulo, Brazil mobile microfinance Why m-microfinance has a huge potential for social development?  Mobiles allow substantial transaction cost reduction  Cost-efficient financial services open huge opportunities  Reach many so-called “unbanked”  Financial services boost entrepreneurship  Entrepreneurship is key for social development

10. Workshop on the Role of Mobile Technologies in Fostering Social Development June 2-3 2008, Sao Paulo, Brazil mobile microfinance Challenges ahead  Raise awareness on the potential, at government level  Collect/disseminate best practices and models to avoid  Propose facilitating measures and regulations  Provide revenue-sharing schemes that benefit All  Ensure a gradual and constant progress towards a global mobile-based financial network for developing economies

11. Workshop on the Role of Mobile Technologies in Fostering Social Development June 2-3 2008, Sao Paulo, Brazil mobile microfinance The need for a dedicated and concerned group  A forum where all stakeholders are represented  A body that voices concerns and recommendations  A body that has influence at a high level  A body that can act according to recommendations Ready to address collectively the challenges, and:

12. Workshop on the Role of Mobile Technologies in Fostering Social Development June 2-3 2008, Sao Paulo, Brazil mobile microfinance Thank you for your attention Raphaël Dard dard@intracen.org