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Posted by / 10-Jun-2018 22:44

Mobile phone dating market

The business has done so well she now has four buffaloes and an assistant, and has taken out another loan to install a biogas plant, saving on firewood and sparing her family the woodsmoke.This was how microcredit, as promoted by Muhammad Yunus, a Nobel-prizewinning entrepreneur from Bangladesh who launched his Grameen bank in 1983, was supposed to work: credit would allow the poor to establish microbusinesses and improve their lives. Sadly, in many places it has not worked out that way.[Added] Rewind Last Swipe - Premium user can rewind his last swiped people.[Added] Change location - Premium user can change his current location.Reaching, assessing and helping borrowers like Ms Parveen is time-consuming and labour-intensive, which makes it hard to keep interest rates at a reasonable level.Typical annualised percentage interest rates are in the region of 20-40%, cheaper than the traditional local moneylender or pawnbroker but hardly a snip.Howzu is brilliant in its administrator controls, henceforth it offers business people huge control over the whole action occurs inside the application.

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A number of firms, such as Econet in Zimbabwe and Acre Africa in east Africa, offer farmers “index insurance” for their crops that will pay out automatically to a mobile-phone account, without the need to put in a claim, if, say, a rainfall index drops below a certain level.

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For about $0.23 a month users get cover of around $100. In March Telefónica, a Spanish multinational network operator, announced a tie-up with Bima, a provider of mobile micro-insurance, to offer life insurance across Latin America, starting in Nicaragua.