Kenya, already a hotbed of mobile money transfers, is about to become a world leader in mobile microfinance. Musoni, the first all-mobile microfinance institution, is poised for rapid growth in Kenya with investments from the Grameen Foundation and others who see the potential of mobile microfinance to improve economic prospects for the rural poor.
“Musoni can go places where others cannot,” explains Bart van Eyk, CEO and co-founder of the parent Musoni BV, based in Amsterdam. Musoni’s...
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