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Posts Tagged ‘numeracy’

The cashless village: in a pre-cash village like this (Solomon Islands), value is not stored in currency. Villagers don’t depend on cash to exchange value, either.

In The End of Money: Counterfeiters, Preachers, Techies, Dreamers – and the Coming Cashless Society (Da Capo Press, Boston MA, 2012) David Wolman seeks not the end of money generally but specifically the end of paper cash – the sooner the better.

 

He spends a year living without cash – those germ-infested, cocaine-smudged notes – and (more…)

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The work of Denise Schmandt-Besserat is reshaping our concept of the origins of writing and counting, shedding new light on both the challenges and opportunities in village finance practice.

A scholar of ancient Near Eastern studies at the University of Texas, her books provide strong evidence of her thesis that writing in Mesopotamia came long after strong institutions. It evolved from “a system of tokens – (more…)

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Poor villagers in the developing world are a distinctive, underserved microfinance segment. There are nearly a billion rural people who make less than $1.25 a day, and most are illiterate or marginally literate, so microfinance documents are inaccessible to them.

There are three widely neglected factors that make rural microfinance fundamentally different from urban microfinance. (more…)

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Rural villages in the developing world are oral cultures; that is cultures in which the technologies of literacy (especially writing and print) are unfamiliar to most people.

Kraing Tbong Village Bank, Takeo

A village bank in Cambodia

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