Gates Foundation Supports M-Banking, IFC Hiring BOP Managers

Rob Katz — Mon, 29 Jan 2007 12:16:19 -0500

The BOP universe continues to stay busy, and the multilaterals seem to be leading the pack in certain ways.

First, PSDBlog points to a CGAP press release; the Gates Foundation is granting $24 million over 4 years to scale up CGAP's mobile banking work. From the release:

To identify innovative new approaches, CGAP will build partnerships with a wide variety of actors - from mobile network operators to banks and technology firms. The program will also invite proposals from organizations interested in experimenting with new models for reaching the poor, and will offer technical assistance and grants to offset risks and capture key lessons. CGAP will also shape an understanding of the financial sector regulation that can stimulate new approaches while protecting customers and financial providers.

Meanwhile, Courtland dropped a copy of this week's Economist on my desk today, with a sticky note on page 18 - the Executive Focus section. The top right ad is for a Senior Program Manager to run the International Finance Corporation's new "Lighting the Bottom of the Pyramid" initiative. From the LED web site:

(This post continues past the break; click "Read More" to continue)

NextBillion.net - Development Through Enterprise - Gates Foundation Supports M-Banking, IFC Hiring BOP Managers - Comments

Gates Foundation Supports M-Banking, IFC Hiring BOP Managers