Stories tagged with mobile

Mar 3, 2014 ID Indonesia

Ruma agents working at their shop (warung)

Many people have no doubt heard of the success of mobile banking in Kenya through M-PESA, a service that has expanded financial services to millions of rural East Africans.  In the East Asia and Pacific region, 55% of the population is unbanked.  At the same time, mobile phones are widespread – which begs the question: what is the holding the region back from experiencing a similar revolution in banking access?

The most...

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Oct 10, 2013 CO Colombia
When Medellin beat New York and Tel Aviv this year for Wall Street Journal’s “Innovative City of the Year”, news articles reminded everyone of the long way Medellin has come from its dark past as the playground for Pablo Escobar’s drug trade and violent crimes. While this is true, Medellin’s forward thinking spirit should become Medellin's defining characteristic. Medellin has transformed into a city with low crime rates, delicious tap water, a free bike sharing system, and a new metro system. All of this was accomplished by focusing on the future rather than dwelling too much in the past.... Continue Reading >>
May 5, 2013 GO Global Update, KE Kenya


For the past few months Kiva Zip has been constantly innovating and experimenting using mobile technology. One experiment that deserves to be highlighted is that of our pilot with a service called Kopo Kopo. Kopo Kopo is a world-class platform which enables small and medium businesses to accept mobile payments and build relationships with their customers. They receive a six-digit till number that allows customers to pay using mobile money.

The benefits to our borrowers have been huge. Because of Kopo Kopo, entrepreneurs can deal less in cash thus reducing their risk... Continue Reading >>