You Can Hear Me Now: How Microloans and Cell Phones are Connecting the World's Poor To the Global EconomyBangladeshi 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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Bangladesh Bangladesh Railway bank account Bank’s biogas borrowers BRAC BTTB build capital cards cash cell phone cell phone companies cell towers cellular licenses Celtel CityCell connected cost country’s created customers developing countries Dhaka Dish-Wallahs economic electricity Emergence Bio-Energy emerging markets entrepreneurs fiber Fidjestol Finance fixed-line foreign investors Global Gonofone Grameen Bank Grameen Telecom GrameenPhone growth GSM Association income opportunities India International Internet investment Iqbal Quadir loan Mailman Marubeni Masiyiwa ment microcredit microfinance institutions microloans mobile banking mobile phone Moore’s law Muhammad Yunus operators Orascom percent Philippines phone ladies Pitroda poor countries poverty prepaid productivity profits remittances retrieved revenues rural areas Sam Pitroda says Quadir selling shareholders Skaar Smart South Africa South Asia stake Stirling engine telecommunications Telenor telephone Telia tion urban village phone Vodacom World Bank