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Why Focus on Technology?.
We are transforming the microfinance sector through innovations and collaborations that improve the delivery of financial services to the poor and integrate finance with the global financial system.
Technology increases the efficiency of microfinance institutions (MFIs), eventually resulting in lower interest rates to borrowers and new loan programs that attract additional clients and expand opportunities for the MFI and the borrower to become self sufficient.
1. Information and communication technology (ICT) provides unparalleled opportunities to improve the lives of the world’s poorest people.
2. It can create jobs.
3. Improve access to health care.
4. Education and other services.
5. Connect far-flung communities to each other which can boost local economies.
6. However, without a conscious effort to develop and champion breakthrough applications of ICT to reduce global poverty, its potential can go unrealized.
Focuses on technology that:
Phone Technology and Innovation:
1. Telecommunications simply does not exist for millions in the developing world.
Like, placing a phone call can require traveling over six miles from their homes. This can mean leaving work and losing out on desperately needed income.
2. These communities are at both an enormous economic and social disadvantage.
3. Telecommunications access in a sustainable, profitable and empowering way.
4. Phone allows everyone to benefit, have strong, thriving businesses.
5. Telecommunication services linking them to their friends, family, business contacts and the world.
Technology Support for Partner:
1. Manual approaches such as pen and paper (as banking was done in the
2. Technology as a Partner small number have fully automated and integrated decision-based information management systems.
3. Partner Technology offers robust Business Process Management (BPM) support.
4. BPM is a methodology which promotes effective management and process optimization
5. Used to identify the sensitive points and duplications in a business process.
6. As a result can reduce costs, limit losses, and increase worker productivity and customer satisfaction.
7. Information and communication technologies have a real impact on social development and are continuously advancing.
Technology Benefits in Education:
1. Technical and professional education shall be made generally available and higher education shall be equally accessible to all on the basis of merit.
2. Employing technology to address basic needs, access resources and to promote sustainable livelihoods globally.
What will need to do:
1. Understood as a job-oriented technical training with basic scientific knowledge for poor out-of-school and at secondary education level.
2. Unemployed young women to acquire sustainable basic life and technical skills in order to improve their economic as well as social status and conditions.
3. Explore the gendered nature of technical and vocational education, of the labor market.
4. How they can Poorest begin to use new skills to improve their economic positions and enable access to other rights.
5. Knowledgeable policy-making equipped with real-time information.
