Fair Finance
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Potential client: 'Faisel Rahman' <faisel@fairfinance.org.uk>
Original contact: matthew.jones@jbs.cam.ac.uk (Matthew is an affiliate of JBS, but also Chairman of the Board for Fair Finance)
Project could look at development of a mobile platform for community-based risk management of loans to people who do not have access to low-cost financial services.
Some similarity to the Distributed Microcontracts project from last year
Issues to consider: lenders need something that replaces face-to-face risk assessment; costs must be low to serve low-income market; a mutual society might be able to establish new social trust mechanisms employing mobile phone features.
