Paying for a taxi ride in Nairobi is now easier than in New York. This is thanks to Kenya’s revolutionary mobile-money system, M-PESA, that is world-leading in the field. The system has spread to big parts of the developing world, and has had a profound impact. In a society where cash is the main form of currency, systems like these have made transactions and money storing safer than through banks. Innovative ideas like this has monumental power in kickstarting a foundation for a modern economy, and has an effect on reducing criminality, aiding humanitarian efforts and boosting the economy.
Here to speak on the importance of microfinancing and functional financial infrastructure in developing countries is Ola Sahlén, program manager at Sida with an expertise on Financial Inclusion on a global level.
In collaboration with Folkuniversitetet.
Place: Ekonomikum, Hörsal 2
Admission: Free for members, 60 kr for non-members. Become a member at the lecture! 100 kr for one year of membership.
FACEBOOK EVENT IS HERE.