Mobile Phones and the Rise of the Microentrepreneurs

(HuffingtonPost)

Mobile phones are having a transformative effective on developing countries. While developed countries race to get the latest tablet or smart phone, simpler technologies are improving the lives and economic well-being of millions around the world.

The mobile phone — is creating substantial impact in the developing world, changing the lives of low-income individuals, especially in rural communities. Cellphone use has experienced its greatest growth in emerging markets, where much of the community has bypassed traditional land-line telephones. Today, six billion mobile phones are being used throughout the world, with approximately 75 percent of users living in developing countries. Mobile technology provides unparalleled opportunities to break the cycle of poverty by providing access to markets, information, financial services and viable business opportunities that were previously unavailable.

Read the full article on the Huffington Post, Mobile Phones and the Rise of the Microentrepreneurs.

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