Gone are the days when the Grameen Group had to run the Village Phone initiative to put a mobile phone in the hands of one influential villager willing to take the risk of running a pay phone business. Today the prices of handsets have decreased significantly. Almost every family in villages across Bangladesh, India, Kenya and Nigeria has mobile phones. The Village Phone initiative that made Grameen famous is dead, and it’s a good thing.
4. $112 MN RUSSIA $1,437 MN CHINA $75 MN $2,060 MN MEXICO INDIA $335 MN NIGERIA $162 MN $94 MN INDONESIA TANZANIA $282 MN BRAZIL $85 MN SOUTH AFRICA RURAL MOBILE YOUTH MARKET IN USD MILLIONS FOR SELECT COUNTRIES
5. INDIA AND CHINA ARE THE LARGEST AMONG EMERGING MARKETS RURAL EMERGENT MARKETS USD 2,060 MN GET COUNTRY SPECIFIC CHARTS AND DATA AT MOBILEYOUTH.ORG USD 1,437 MN
11. M-PESA YOUTH EXPERIENCES FROM KENYA BY TEENWISE MEDIA Name: Brian Ng’etheAge: 18 It’s really convenient to transact cash anywhere and I always top-up my air time through it as well Name: IddahAsin Age: 25 It is very convenient as it has saved us the long queues in banks and ATMs. Besides, it is widely accessible as its everywhere you go. I also use Zap for Zain when transacting with my Zain contacts, to pay bills etc. Name: Kevin Wang’ombeAge: 17 I am a Zain subscriber so I use Zap. It’s like my mobile bank account. It comes in handy during emergencies. I’ve done a lot of purchases through Zap and I also buy airtime through Zap