Gencer, Menekse / 2011. Mobile money: A foundation for food security.
Innovations, 6 (4): 73-79.

“Food security exists when all people, at all times, have physical and economic access to sufficient, safe and nutritious food to meet their dietary needs and food preferences for an active and healthy life.” (FAO, 1996) Let me begin by explaining that I am not a food security expert but a mobile financial services professional. In 2010, I was asked by the World Economic Forum to join their forum as an expert in mobile financial services. The specific focus of this forum was agriculture. To prepare for the forum, I researched the money-related issues around agriculture and the ways mobile money could be used to resolve these issues. When I returned, the U.S. state department asked me to present my views on how mobile money can address areas of food security. The genesis of this report derives from work done for the World Economic Forum and the state department… In short, mobile money may ultimately prove to be one of the most important foundations for food security in the next decade.

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Sector: Agriculture Insurance, Microcredit, Mobile Phone Money Nutrition Access, Mobile Phone Money, Phone
Region: East Africa, Southern Africa, West Africa