Sunday, January 5, 2020

Technology at its Best or Why Didn’t I Think of That?


Short answer to the question above. I am not that smart.

From previous posts you know I read several business magazines.  This is one of my favorite articles in Forbes.  It combines extensive research, answering a burning question, growing an economy, and innovative adaption of technology all in one article.

One key point, you will never look at your mobile phone the same way again. 

The article is about Shivani Siroya and her challenges and success in launching Tala.  Tala makes small loans through a smartphone app.

Ms. Siroya’s background and experience are highly unique and positioned her to form Tala.  The article talks about partnerships she formed. The use of data on a phone to analyze customers was brilliant.  Several users of Tala are profiled. The stats on the impact of Ms. Siroya and her company are very impressive.

Title of the article: “The $100 Trillion Opportunity: The Race To Provide Banking To The World’s Poor”


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