• Mobile phone technology helping the poor economically by spreading market information

    by  • August 19, 2007 • The Global Picture • 0 Comments

    When fishermen from the Indian state of Kerala are done fishing each day, they have to decide which of an array of ports they should sail for in order to sell their catch. Traditionally, the fishermen have made the decision at random–or, to put it more charitably, by instinct. Then they got mobile phones. That allowed them to call each port and discover where different fishes were poorly stocked, and therefore where they would be likely to get the best price for their goods. That helped the fishermen reap a profit, but it also meant that instead of one port’s being stuck with more fish than could be sold while other ports ran short, there was a better chance that supply would be closer to demand at all the ports. The fishermen became more productive, markets became more efficient, and the Keralan economy as a whole got stronger.

    Really nice article on the phone-based business tools of Tapan Parikh.

    flattr this!

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    Vinay Gupta is a consultant on disaster relief and risk management.

    http://hexayurt.com/plan

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