Grameen Bank-Village Phone Wins Petersberg Prize
The Development Gateway Foundation, an independent non-profit organization
launched by the Bank, awarded its first 100,000 euro Petersberg Prize to
Grameen Bank Village Phone at the Gateway Forum in Bonn, Germany. The
phone project was cited as an example of what can be accomplished with
information and communication technologies-- even in remote areas of the
world. By providing rural women in Bangladesh with micro credit financing
and cell phones to run wireless payphone businesses, it is empowering a
new class of women entrepreneurs. They, in turn, have improved the
livelihoods of farmers and other members of their communities by providing
access to critical market information and other communications in some
28,000 villages. "ICT has the wonderful capacity to empower the individual
person, even the poorest," said Grameen Bank Managing Director and Founder
Muhammad Yunus as he accepted the prize.
http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:20224226~menuPK:34457~pagePK:34370~piPK:34424~theSitePK:4607,00.html


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I know MTN is doing something like this, anyone can replicate this, creating a market.

warmest regards

Shem Nnaggenda  K. Nsubuga

Standard Chartered Bank

Tel: +44 207 457 6316/+ 44 207� 280 7500

Fax: +44 207 280 7208

AEN 10 44 6316

cell : +447904795061
"Leading the Way in Asia ,� Africa and the Middle East"

 

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