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 SmartMoney

Country  Tanzania, Uganda 
   
Beneficiaries                  Rural Communities who do not have access to banks and other financial services
   
Project Description  SmartMoney is an innovative mobile money project serving rural farmers and large agricultural companies in Tanzania and Uganda, and provides affordable, accessible and secure financial services to rural populations throughout the developing world. SmartMoney is a new form of electronic money called 'mobile money' that is stored and exchanged with mobile phones. It reduces poverty, reduces violence and improves lives by replacing cash with mobile money. It also goes beyond the mobile phone technology by working with local partners to overcome the logistical and operational barriers in each community that have so far largely prevented mobile money from reaching rural populations. http://www.smartmoneyproject.org/ 
   
Scope of Legal Assistance  Sidley has provided assistance to review contracts with donors and funders. 
   

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