Grameen Bank gives mobile phones to beggars
This news fits nicely with the one we just published earlier about the professor in Japan, who blames mobile phones for the long decline of Japan (http://asiabusinessconsulting.blogspot.com/2004/09/its-mobile-phone-stupid.html)
In Banglades Grameen bank (http://www.grameen-info.org) , a bank for the very poor normally excluded from bank loans, now provides mobile phones to beggars. "Beggars would need to be a member of a Grameen Bank project to be eligible to get a mobile phone. Each mobile phone will cost them 8,500 taka (80 pounds), repayable over two years in interest-free instalments. They also are responsible for paying a subsidized monthly service charge of 152 taka."
The bank wouldn't stop them from begging, initially, but hopas that they would start developing business skills.
Who says that cell phones don't have an economic impact?
In Banglades Grameen bank (http://www.grameen-info.org) , a bank for the very poor normally excluded from bank loans, now provides mobile phones to beggars. "Beggars would need to be a member of a Grameen Bank project to be eligible to get a mobile phone. Each mobile phone will cost them 8,500 taka (80 pounds), repayable over two years in interest-free instalments. They also are responsible for paying a subsidized monthly service charge of 152 taka."
The bank wouldn't stop them from begging, initially, but hopas that they would start developing business skills.
Who says that cell phones don't have an economic impact?
posted by Andreas @ 4:32 pm
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