The community is the most important base layer, then any magic can happen on top of this community. 1/
"Its much easier for chat\social network to move to payments then the other way around" 2/
Safaricom has lost touch with its earliest community. Those people who made it 'take off'. This to me was the informal sector.
I always say Mpesa is like banking rails for the informal sector 3/
B/c if i was safaricom, i wld position Mpesa as community bank for biashara. People in the informal sector - traders, boda bodas, service people.
thats the community they want. People who chat (social) and business (biashara) and close deals (payments)/5
Alice's trade network
I see networks everywhere! /7
Biashara is the Network
Alice's mitumba network /8
All connected via phone, via mpesa, via sms, via whatsapp. in patches /9
Here is a snippet from Tech Crunch article from yesterday titled
"Safaricom rolls out Bonga social networking platform to augment M-Pesa" /10
How Kenyan Farmers reap through Chamas
Inspiring stories of farmers using savings groups to get funding, training and lucrative market reaping big from agribusiness /14