Mobile technology is helping to provide aid to poor people around the world. The Grameen Foundation has two dozen people working on mobile microfinance applications. The Bill & Melinda Gates foundation is also investing millions towards the development of mobile financial applications for the poor.
SEATTLE - For the world's poorest, cellphone technology carries opportunity, aid groups say, as text messages and other mobile applications have created a new platform to reach the most remote farms and crowded urban slums of Africa, Asia and Latin America.
The Grameen Foundation, a Washington-based group known for helping women with the smallest of business loans, has two dozen people in a technology lab here developing mobile Internet applications to help spread its microfinance model. It's warning farmers in Uganda about banana crop rot through text messages and collecting data on spreadsheet applications on smartphones.