1 2010 Toronto Microfinance Conference The Mobile Revolution: Using Technology to Reach the Poor with Microfinance The Mobile Revolution One View of its.

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Presentation transcript:

Toronto Microfinance Conference The Mobile Revolution: Using Technology to Reach the Poor with Microfinance The Mobile Revolution One View of its Power in Microfinance by Martha Deacon Founder and CEO The Townships Project

Toronto Microfinance Conference The Mobile Revolution: Using Technology to Reach the Poor with Microfinance Four Wheel Drive Mobile 2 October 2010

Toronto Microfinance Conference The Mobile Revolution: Using Technology to Reach the Poor with Microfinance The Unicycle Microfinance Limitations: 1)20% max voluntary; 80% necessity 2)whack-a-mole jealousy; 3)Too many doing the same thing 4)Building assets & infrastructure

Toronto Microfinance Conference The Mobile Revolution: Using Technology to Reach the Poor with Microfinance The Bicycle Asset-Based Community Development Lets use what we have to get what we want

Toronto Microfinance Conference The Mobile Revolution: Using Technology to Reach the Poor with Microfinance The Three- Wheeler Third Wheel: Corporate Social Investment/ Enterprise Development The ABCDd community seeks additional resources…

Toronto Microfinance Conference The Mobile Revolution: Using Technology to Reach the Poor with Microfinance Four- Wheel Drive Fourth Wheel: Microfranchising and other commercial solutions Potential to systematize, replicate and brand a tiny business

Toronto Microfinance Conference The Mobile Revolution: Using Technology to Reach the Poor with Microfinance Mobile Market information Banking services Money transfer Repayments Savings Inventory restocking Accounting Training Mentoring

Toronto Microfinance Conference The Mobile Revolution: Using Technology to Reach the Poor with Microfinance Foundation is ABCD – a motivated community Supported by Microfinance & Corporate Social Investment & Microfranchising and other commercial solutions & Mobile Technology … Four Wheel Drive Mobile!

Toronto Microfinance Conference The Mobile Revolution: Using Technology to Reach the Poor with Microfinance Help make it happen! Four Wheel Drive Mobile!

Toronto Microfinance Conference The Mobile Revolution: Using Technology to Reach the Poor with Microfinance August 31 – September 2, 2011 Khayelitsha and Cape Town, South Africa (O.R. Tambo Recreation Centre & UCT Graduate School of Business) First International Microfranchising (and other commercial solutions) Trade Show and Conference

Toronto Microfinance Conference The Mobile Revolution: Using Technology to Reach the Poor with Microfinance Thank you! www. thetownshipsproject. org Working in South Africa; headquartered in Toronto