Saturday, July 25, 2015

Munro, Ingrid
Jamii Bora
w4e AFm
How the epicentre of banking for the poor moved from Bangladesh to Kenya , and back again/

Jamii Bora was the world's first major microcredit to be launched with digital -mobile record-keeping. The arrival in Nairobi of the greatest banking model for ending slums in 1999 was pivotal to what became the decade that kenya became a world leader in mobile bankng (mpesa) and then  the leading lab for MobileWomen4Empowerment and Ihub youth open tech wizards networking. Ingrid was and is a lifetime friend of Muhammad Yunus. She was the one who did most to ensure that financial regulators in Kenya kept the doors open for banking for the poor. She extended thegreenchildrens pop videos celebrations of microcredit from Bangladesh to Kenya -more than 5 years ahead of dban becming apple's and One's ambassador with a notable campaign to  reinvest in Africa-wide food security and making agricultural entrepreneurs sexy as well as valued financially.

Curiouser and Curiouser- From 1996 Mobile Village phones gamechanged the world's partnering possibilities for the poorest out of bangladesh with grameen phone thanks in large part to the quadir family who also run the legatum entrepreneur school at MIT. The tech wizard behind Kenya's Mpesa now works closely with the quadirs who have brought the world leading cashless model back to Bangladesh brac's bkash.org. Furthermore Naila Chowdhury for over 15 yeras Muhammad Yunus' first female director of Grameen Phone left Dhaka to settle her US family in 2012 - her first worldwide partnership exchanged her asian mobile owners goodwill contact list with kenya's founder of nanocredit so that Naila's could bring Nanocredit t the Americas. She has since helped Kenya rapidly amplily Kenya's table banking and social credit models which blend kiva-type mapping with first ladies development missions  - now the fastest growing womens livelihoods model the world can celebrate

model innovations of jamii bora:
first to capture all record keeping on mobile

first model targeting youth in slums as well as mothers- made one-off offers to whole gangs of youth- eg thise who looted kibera market - lets rebuild it and you can be the security guards

almost all employees were former members during first 10 years of growth

innovated ladder model- prove you can earn something and then you can take loan doubling your earnings

developed some mass work schemes including buildiing ecovillage kaputei

identified early that due to large families (with someone at health risk) health insurance needed for all members families- bought massive contract with missionary hospitals -ultimatley one of the most efficient health insurances plans ever purchased

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