Archive for June, 2007
Peer-to-Peer Online Lending Is Flourishing
Peer-to-peer online lending is going to do amazing things for entrepreneurs in developing and developed countries alike.
It will provide a new source of funding to people previously seen as unbankable by banks.
For instance, an entrepreneur in India who needs a $100 loan while making only $2 a day is seen as unbankable by most banks. [...]
We Need Innovative Credit History Collection In Emerging Countries
I grew up thinking credit histories and credit scores were these evil things.
They seemed to do more harm than good.
Last summer, I quickly learned how wrong I was.
I spent my summer designing a survey for a microfinance organization in India. The work allowed me to travel southern India extensively meeting tons of entrepreneurs who on [...]
Bright Future for African Mobile Phone Applications
I find the recent growth of mobile phone use by low-income Africans to be fascinating. They are quickly showing us that mobiles phone, not PCs, are the computers of the future for the developing world.
The growth of mobile phone use amongst low-income Africans will be beneficial to the developing world as a whole. It will [...]
Cell Phone Banking Will Bring A Microfinance Revolution
Its about time cell phone banking came to the US.
Before banks like Bank of America, Wachovia and Citibank jumped on recent cell phone banking trends all we had was PayPal. And, PayPal isn’t even a bank. They just offer cell phone activated money transfers.
Cell phone banking is nothing new for countries like South Korea, Japan [...]
Asus Weighs In To The Cheap Computer Battle At $189
Asus chairman Jonney Shih told the world today at Intel's Computex that they have built an $189 computer. According to PC Pro, the notebook will use a solid-state hard disk and a custom-written Linux operating system. It will be available to all areas of the world, not just developing countries.
There hasn't been much more information [...]
Intel Aims To Bring PC To Developing Nations
CNET estimates that the number of PC users is expected to hit or exceed 1 billion by 2010, up from around 660 million to 670 million today, fueled primarily by new adopters in developing nations such as China, Russia and India. This is very understandable given how expensive PCs are and how poor most of [...]
