Mobile phones are revolutionizing the way developing countries operate, especially in sub-Saharan Africa. In addition to facilitating communication, mobile phones have also opened the door to numerous innovations, the most radical of which is the introduction of mobile banking. This research project, drawing on evidence from Rwanda, investigates whether phone-to-phone airtime transfers can help people deal with large shocks.
Fafchamps, M.; Blumenstock, J.; Eagle, N. Social networks, phone money transfers, and shocks: evidence from Rwanda. (2011) 3 pp.