You Can Hear Me Now: How Microloans and Cell Phones are Connecting the World's Poor To the Global Economy
DescriptionBangladeshi villagers sharing cell phones helped build what is now a thriving company with more than $200 million in annual profits. But what is the lesson for the rest of the world? This is a question author Nicholas P. Sullivan addresses in his tale of a new kind of entrepreneur, Iqbal Quadir, the visionary and catalyst behind the creation of GrameenPhone in Bangladesh.
GrameenPhone—a partnership between Norway's Telenor and Grameen Bank, co-winner of the 2006 Nobel Peace Prize—defines a new approach to building business opportunities in the developing world. You Can Hear Me Now offers a compelling account of what Sullivan calls the "external combustion engine"—a combination of forces that is sparking economic growth and lifting people out of poverty in countries long dominated by aid-dependent governments. The "engine" comprises three forces: information technology, imported by native entrepreneurs trained in the West, backed by foreign investors.
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This item: You Can Hear Me Now: How Microloans and Cell Phones are Connecting the World's Poor To the Global Economy
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The Author xv
Introduction: The Three Forces of xvii
Part I: The GrameenPhone Story
1. Connectivity Is Productivity 3
2. Dish-Wallahs of Delhi (and Other 17 Early Models)
3. Cell Phone as Cow: A New Paradigm in Search of Investors 35
4. On the Money Trail in Scandinavia 51
5. Building a Company 71
6. Building a Network 87
Part II: Transformation Through Technology
7. Wildfire at the Bottom of the Pyramid 107
8. Cell Phone as Wallet 125
9. Wealth Creation and Rural Income Opportunities 145
10. Beyond Phones: In Search of a New “Cow” 161
11. Eyeing the Dhaka Stock Exchange 181
- Shows how private investment is reinvigorating the economies of aid-dependent countries, which have long been stifled by corrupt and autocratic governments
- Describes an inclusive capitalism that engages people at the ‘bottom of the pyramid’, focusing on fast-growing companies like Bangladesh’s GrameenPhone
- Informs followers of globalization and development on how this new means of economic development can address unmet human needs on a macro scale
—Caroline Geck, Kean Univ. Lib., Union, NJ (Library Journal, February 2007)
"…describes an inclusive capitalism that engages and enables many of the three billion people living on $1 a day" (Credit Control, June 2007)