While taking a look at the Grameen Foundation, I noticed the impact and models used in various South Saharan Africa. In Kenya, they are using mobile technology to improve entree to financial services and gather more information on agriculture. They are also developing a mobile-based system to give information to help farmers properly store their crops after the harvest, and link them to financial services and markets for final sale. The Grameen Foundation also works with Musoni Kenya, which is a microfinance institution that provides fully automated mobile phone-based banking services. This is a great way to help expand its services to rural areas. In Ghana, The Grameen Foundation has been working together with Ghana Health Service to improve maternal and neonatal care in rural communities. They have been doing this by using Mobile Technology for Community Health Initiative. MOTECH has helped with developing mobile applications that provide education on sexual reproductive health to the younger population and information on farming tips and techniques. It also gives information on weather reports to farmers. Grameen Foundation has also relased an innovative version for microfinance. Its purpose is to microfinance institutions as a cloud service or on-premise system. It will allow for deeper socio-economic data and enhance operational efficiency with the M-PESA, which is Kenya’s mobile money service.
KIVA is also a non-profit organization that helps leverage microfinance institutions in various countries. They provide in Cameroon, Kenya, Uganda, Togo, Mali, Tanzania, Ghana, Sierra Leone, Congo, Liberia, Mozambique, Nigeria, South Sudan, and other countries in SSA. How it works is the user choses a borrower after reading different stories of people looking for loans, and then the user makes a loan to the borrower of choice, which is disbursed by their field partners who work closely with the borrower. The user gets many updates on the borrowers and repays their loans.
KIVA and the Grameen Foundation focus on microfinancing, while Moyo on the other hand believes in microfinancing but also allowing the country to fix itself by being self-reliant. In Chapter 10, Moyo talks about three interlinked stages that outline the path to help poor countries. The first stage is to slowly decrease aid causing the countries to work on strengthening their economy on their own. The second stage is to have a balance between capital and competition. Without balance, everything can be thrown off and aid is abused. The third stage is this plan is for a stable government. This is a way to put an end to this issue for the long-term rather than short. Moyo and Sachs both have different views on the topic. Sachs believes aid is good and necessary while Moyo thinks it’s a band-aid and is not bettering the situation. Each side has its points and flaws.
Moyo is not the only one that has an issue with foreign aid. Herman Chinery-Hesse, an entrepreneur in Ghana has issues with aid. There are times when he is making a business deal and NGO’s find out about it and send aid money so with his investments he has to lay off his staff. He states how he has never heard of any country that has been developed due to foreigners coming in and trying to develop its country. Andrew Mwenda, a journalist also believes aid is not a good idea. HE thinks aid makes objects of the poor. People in these countries become passive recipients of charity rather than trying to be active and help out their own economy. There have been multiple people from this country with the same thoughts. When it comes down to it, the only way to find out if this works is by taking action and trying to slowly decrease aid. If we never try, we will never know if it works.




















