WE TURN MOBILE SIM CARDS INTO BANK …...Title Fonbnk Summary NGO Case Studies CaLP MAY2020 Created...
Transcript of WE TURN MOBILE SIM CARDS INTO BANK …...Title Fonbnk Summary NGO Case Studies CaLP MAY2020 Created...
WE TURN MOBILE SIM CARDS INTO BANK ACCOUNTS FOR THE EMERGING WORLD
MAY 2020
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Contact: [email protected]
NGO CASE STUDY PRESENTATION: COVID19 RESPONSE
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Contact: [email protected]:https://www.forbes.com/sites/jeffkauflin/2019/09/23/the-100-trillion-opportunity-the-race-to-provide-banking-to-the-worlds-poor/#1d12401dd015
“Switching from cash to digital money stored on cellphones could increase the GDP of emerging-market economies $3.7T by 2025!”
– McKinsey & Company
The Global Banking System is Broken for +7B People
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Activated SIMs Comprise the Largest Untapped $$$ Network
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Contact: [email protected]
8 Billion SIM Cards (GSMA) *
2 Billion Credit Cards
1 Billion Bank Accounts2 Billion
Credit Cards
* Note: ~90% of all SIMs issued are prepaid
Global Activated SIM Cards Global Prepaid Airtime Credits
$1T+ Revenue
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Contact: [email protected]
Case Study: Cyclone Ida Airtime Aid Contributions
*Budget for SMD Medical Camp to 2019 Malawi Flood VictimsFuel
13%
Communications17%
Food & Administration35%
Medical Supplies35%
Communications are the 3rd most vital need in a humanitarian crisis.
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Contact: [email protected]
Case Study: COVID19 Stakeholder Support Mozambique
Leading U.S. Education Development NGO (CouldYou) provides resources to employees and participants*
600Students and Teachers.To maintain program continuity provided realtime credits towards mobile internet access during quarantine period. All mobile carriers throughout country supported.
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Contact: [email protected]
Global Coverage Provided by Leading Mobile CarriersAfrica Asia Pacific Middle East LATAM North America
Note: Select list of global mobile operators, not representative of complete network.
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Contact: [email protected] 2020