Transparency note - soon after dad The Economist's Norman Macrae died - the Japan Ambassador to Bangladesh hosted 2 brainstorming evenings on Brac with Fazle Abed and Kamal Quadir (founder of www.bkash.com. I have never met people doing things more aligned to my father's lifetime search for Asia Rising, Von Neumann tech for humanity, entrepreneurial revolution and sustainability generation www.2025report.com . Of course I am biassed by personal experience -whose work (servant leadership and relentless innovation) do you think scales up to real and virtual end poverty solutions to Quadirs and Abeds? chris.macrae@yahoo.co.uk
between dr muhammad yunus and grameen in bangladesh
the norwegian mobile supplier telenor
the philanthropist george soros
-they acquired the first mobile license in bangladesh at cents in the dollar because experts had assumed there would be almost no market for mobiles in bangladesh
yunus distributed one village phone per 60 womens in village centres- she hired out the phone and also became a personal yellow page huib for services villagers might need
the rest of the company developed standard services for citizens
about one third of grameen phone was owned by yunus on behalf of hos village women members of grameen
over time the quadirs wanted to innovate different solutions to yunus- while iqbal built operation out of a unit at MIT sponsored by legatum in dubai, his brother kamil designed the digital startup cell bazaar-what happened next- this is story looking bac from 2020
kamal quadir - a very sensitive connector having built the main tech partners so far with his brother in boston boston -he's mainly in dhaka- this recent interview very useful https://tbsnews.net/interviews/kamal-quadir-artist-who-became-fintech-guru-41547
help co-edit chris.macrae@yahoo.co.uk the story of fintech for poorest as it emerged from 2000 when the best a villager could get was text mobile and blackberry system with its coders out of toronto- th quadisy monitored other mobile services for the poor most notably mpesa in kenya (formally a vodaphone csr project though pieces of texting points for money may have began aroud mo ibrahim) and formed a partnership with nick hughes money for motion to develop digital banking for the poor where they moved over to brac as their village partner- the ventitre with brac called www.bkash.com has become the largest cashless bank in the world with additional partners like bill an melinda gates and since summer 2018 jack ma
there are synergies in villages without electricity between mobile and microsolar - much of village asia especially in humid regions needs similar solutions replicated across communities- although bangladesh has never had large inward investors and is blocked off by neighbors with different faiths. since 1972 it has often turned lout to be a ;poverty lab which has innovated ultra solutions for women empowerment - the most miraculous end ;povertu development in china and bangladesh have learnt from each other -
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