Tanzania is one of the fastest growing mobile money markets in the world. Today mobile telephone penetration is 49% according to Wireless Intelligence as of Q3 2011. There are four active mobile money businesses, the largest of which is Vodacom’s M-PESA which has over 2 million active users.
For governments, the collection of sex-disaggregated data begins a virtuous cycle, where its availability informs stronger, evidence-based policymaking and helps regulators evaluate the effectiveness of policies intended to promote financial inclusion.
Trickle Up is piloting a project integrating smartphones into Graduation programs in India, affording a valuable opportunity to explore the potential role of technology in improving and scaling the delivery of the Graduation approach to ultrapoor women in remote areas.
Now an official holiday in 27 countries and supported by global organizations such as the United Nations and African Development Bank, International Women's Day has been observed since the early 1900s and provides an opportunity to celebrate the achievements of women around the world throughout history.
Women in Bangladesh have one of the lowest rates of mobile money usage in the world. Does the dearth of usage indicate a lack of appropriate products and services? Just how hard is it to use mobile money if you are a rural Bangladeshi woman?
When women are locked out of the formal economy, development suffers and growth stagnates. Wiping out gender discrimination in financial access is not easy, but certainly incorporating more digital tools can help bridge the gap between men and women.