‘Village Phone’ Initiative Aims To Improve Access In Developing Countries

The Grameen Foundation and ITU are working to provide affordable telecom rates to users, while giving owners income to repay loans and earn profits.Grameen Foundation and the International Telecommunications Union (ITU) have launched the Village Phone Direct Manual to help microfinance institutions and other organizations in developing micro-franchise Village Phone operations.The move, announced this week, is aimed at spreading affordable telecommunications access and business opportunities in poor, rural communities in the developing world. It coincides with the ITU Connect Africa Summit taking place in Rwanda this week, as well as Grameen’s Microfinance Partner Conference in Bolivia.

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