Short film: Uganda’s love of mobile money
November 20, 2013 Editor 0
In just over four years, 9 million Ugandans have jumped aboard the mobile money bandwagon– buying, selling and saving with their mobile devices.
With the World Bank targeting universal financial access by 2020, the rapid embrace of mobile banking in places like Uganda provides a promising outlook for reaching the 2 billion people around the world still excluded from financial services.
To see how mobile money is changing Uganda, check out this short film from Swedish telecommunications giant Ericsson. The two-and-a-half-minute clip, from the company’s Technology for Good blog, highlights the impact that mobile money is having on the lives of farmers, small business owners, and other Ugandans, and is an excerpt from Ericsson’s longer film, “On the Money.” The video starts with a staccato scene of mobile money logos, and slowly builds to a crescendo as Vincent Kiyingi of Pride Microfinance narrates the story of cell phone banking in Uganda.
Watch the 2 minute 42 second video:Mobile Money vendors are popping up all over Uganda in droves. Image: Ericsson–Technology for Good Blog.
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