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Darryl Mcleod

Fordham Department of Economics

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Cellphones for Women in Developing Nations Aid Ascent From Poverty

April 8, 2015 by Meshry

 

CellphonesHaiti

Here is what life is like for a woman with no bank account in a developing country. She keeps her savings hidden — in pots, under mattresses, in fields. She constantly worries about thieves. She may even worry about her husband taking cash she has budgeted for their children’s needs. Sending money to a family member in another village is risky and can take days. Obtaining a loan in an emergency is often impossible.

Read the rest of this article from source: The New York Times 

 

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