8/15/2020
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‘Cash by phone’ helps Somali businesses
CNN
Friday, June 14, 2013

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A groundbreaking new initiative is helping small business owners in Somalia link with donors through a mobile phone money transfer system.

E-Cash, a program backed by charity Oxfam, offers the convenience of avoiding long waits at money changers, and erases security issues that go with carrying cash in the street.

The initiative, which launched last year and already has 2,500 beneficiaries, targets vulnerable communities, such as women whose husbands have left them and who are breadwinners for their families, as well as disabled people.



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