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Mobile finance options changing lives in developing countries Some have guessed that 2014 is the year when mobile phones will outnumber people. That means that not only does Aunt Myrtle have one (and maybe two) but so do many people in developing countries. Why do people amongst the world’s poorest have them? While the gadgets have become a key part of the western lifestyle, whole industries have been spawned to cater to the more casual aspect of the devices – games, apps and other diversions. In developing parts of the world however, mobile phones are not about angry creatures or where the best sushi restaurant in Soho is. They are seen as a tool for economic growth and prosperity, and are approached in that way by developers and industry, both local and worldwide.

United statesDominican republicThilasoni benjamin musukuWorld bank financial sector specialist for africaMelinda gates foundationWorld bankUrwego opportunity bankMoney partnership programUnited nations refugee agencyAunt myrtleBenjamin musukuFinancial sector specialistMobile money partnership programNorth americaWestern europeMaximizing mobile