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Blog Post
May 26, 2010
This post continues my previous report on my trip to Kenya to see M-PESA, the mobile phone--based money transfer service. Here's the full set.
On our second day, last Tuesday, we flew to Kisumu, a town on Lake Victoria, that vast body of water straddling the borders between Kenya, Tanzania, and U...
Blog Post
May 21, 2010
When the now-dominant methods of microfinance were developed circa 1980, they were what economists call technological breakthroughs. Although they were low-tech in the everyday sense of the word---involving meeting in person, paying in cash, keeping records on paper---they were nevertheless new ways...