Microfinancing and mentoring via mobile phones

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We've already written about a few microfinancing platforms focused on the developing world, including Kiva and C4-World. Next up is Mobile Movement, a Canadian initiative we just learned about that works via mobile phone. Few young social entrepreneurs in the developing world have computers, so Mobile Movement provides mobile phones and training to foster both micro-funding and professional advice via SMS, MMS and email. Through a collaboration with UN-HABITAT, Microsoft Research India and the Vancouver-based Environmental Youth Alliance—with funding from the MacArthur Foundation—Mobile Movement's first prototype project is currently under way in Kenya, where it is working with 15 youth…

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