From Tina Rosenberg / New York Times: Building on the widespread use of mobile phones in Kenya, Angaza has developed applications to provide people with financial services. Through these applications people can securely receive money, save money, and make payments increasing their fiscal stability and their ability to access assistance when adverse events happen. The applications also create a record of financial transactions resulting in people being able to establish credit, receive loans, and access pay-as-you-go programs.
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