Micro-Lending, Telephone Banking and M-Pesa For MinimalistsIn a part of the world hardly known for its economic innovations, a revolution in finance offers a concept that is a brilliant solution for North Americans: M-Pesa. In other parts of Africa, another innovation - micro-lending - offers a platform on which budding entrepreneurs with creative ideas and a commitment to success can build micro- and extremely small businesses through funding sources that may provide as little as $20 for a business start-up. Ironically, both concepts would work in western economies, but have been eschewed, largely because they lack the glamour, polish and complexity of conventional business models held out as being the most efficient in our North American markets.
Source:
Micro-Lending, Telephone Banking and M-Pesa For MinimalistsLinkback:
https://tubagbohol.mikeligalig.com/index.php?topic=64514.0
