Nobel lauderate Yunus and his Grameen bank have a good reputation in Norway. I´m delighted to see that Grameen has published their microlending software as open source.
A blog post from O'Reilly Radar - Insight, analysis, and research about emerging by Matthew Russell tells the story:
How are you addressing mobile?
AF: In Africa and India you send SMS messages with your phone to access your bank account. It takes a few messages back and forth to move money from one account to another or to make a payment. But it's way better than having to drag yourself across a dusty city and use public transport to visit a bank branch where people may or may not discriminate against you because you're poor. Toward that end, we're integrating with a major mobile money system in Africa, a prototype called M-PESA. There's also a mobile money system in India that we're looking at for pilot projects.
