MFP 131. Bob Christen: BMGF Strategy - Focus on Savings. Moblie Money - Mobile Banking Series
Bob Christen, Director, Bill & Melinda Gates Foundation. talks about the strategic focus on savings. The successful mobilization of small-scale savings requires dramatic reductions of transaction costs. Mobile banking and electronic payment platforms play a central role in this process.
The foundation also fosters the development of additional products such as microinsurance.