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448x252.jpgBill first wrote about digital money 15 years ago in his book “The Road Ahead”. These days, he’s excited about financial services being offered in Africa over mobile phones. They provide an easy, safe and affordable way for millions of poor people to send, receive and store money.

When I visited Kenya last December I had a chance to observe M-PESA, which is a mobile money service that is being used by more than 13 million people for storing and transferring money. Services like M-PESA are exciting because financial services of any kind have been available to only 10 percent of the 2.5 billion people who live on less than $2 per day. M-PESA showed me a new world of possibility brought by that great piece of technology, the mobile phone. A recent study found, among other things, that M-PESA allows users to maintain steady levels of consumption, particularly of food, through shocks such as job loss, illness, harvest failure and livestock deaths.

This sense of promise and excitement came through loudly in a recent foundation-hosted Global Savings Forum, which explored a number of approaches to solving the micro-savings challenge.

I participated in a panel discussion about the types of partnerships that can take financial services to every household in developing countries. We discussed how technology-enabled models can allow service providers to focus on particular services or customer segments, and scale them up quickly.

The panel included representatives of different kinds of financial service providers, including a national commercial bank (Equity of Kenya), a global association of community-based banks (World Council of Credit Unions), a promoter of informal village-level savings and loan associations (CARE), and the mobile phone company behind the most successful deployment of mobile financial services to date (Safaricom of Kenya). The panel also included representatives of a global online payments provider (PayPal) and solution providers (MPower Labs and Obopay)...

The discussion began with the dynamic duo of Michael Joseph, outgoing CEO of Safaricom, and James Mwangi, CEO of Equity Bank, talking about their prominent M-KESHO partnership. They have developed a jointly-branded service that connects Equity Bank accounts with M-PESA’s powerful network.

I was interested to hear from both Mr. Joseph and Mr. Mwangi about the challenges involved in such a competitive yet cooperative joint product offering. Both are extremely protective of the powerful brands they have created, and putting them together without diluting either is a concern. I very much welcomed their challenge to other telcos and banks to be bold in their approach.

I was also struck by how Brian Branch, CEO of the World Council of Credit Unions, recognized that scale is a problem for the smaller community-based banks he represents, but also an opportunity. They are seeking ways to band together to find common technology solutions and partner with bigger players with national payment platforms such as Safaricom. This way they can remain true to the interests of the local communities they serve, offering more services at a lower cost.

Technology can be a major force to advance financial inclusion, which can help improve the lives of the poor in the developing world. This is an important focus of the foundation’s efforts. At the Global Savings Forum, we pledged $500 million over five years to help create access to savings accounts that will help increase the financial security of the world’s poorest.

I’m personally very excited about these efforts, which have the potential to replicate in other key markets. As I mentioned at the forum, I look forward to seeing similar partnerships replicate at scale in big countries such as India, Ethiopia and Nigeria.
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Rosh Hashanah DAY !

Rosh Hashanah (Hebrew: ראש השנה‎, literally "head of the year," Israeli: Hebrew pronunciation: [ˈʁoʃ haʃaˈna], Ashkenazic: ˈɾoʃ haʃːɔˈnɔh, Yiddish:[ˈrɔʃəˈʃɔnə]) is a Jewish holiday commonly referred to as the "Jewish New Year." It is observed on the first day of Tishrei, the seventh month of the Hebrew calendar.[1] It is ordained in the Torah as "Zicaron Terua" ("a memorial with the blowing of horns"), in Leviticus 23:24. Rosh Hashanah is the first of the High Holidays or Yamim Noraim ("Days of Awe"), or Asseret Yemei Teshuva (Ten Days of Repentance) which are days specifically set aside to focus on repentance that conclude with the holiday of Yom Kippur.

Rosh Hashanah is the start of the civil year in the Hebrew calendar (one of four "new year" observances that define various legal "years" for different purposes as explained in the Mishnah and Talmud). It is the new year for people, animals, and legal contracts. The Mishnah also sets this day aside as the new year for calculating calendar years and sabbatical (shmita) and jubilee (yovel) years. Jews believe Rosh Hashanah represents either analogically or literally the creation of the World, or Universe. However, according to one view in the Talmud, that of R. Eleazar, Rosh Hashanah commemorates the creation of man, which entails that five days earlier, the 25 of Elul, was the first day of creation of the Universe.[2]

The Mishnah, the core text of Judaism's oral Torah, contains the first known reference to Rosh Hashanah as the "day of judgment." In the Talmud tractate on Rosh Hashanah it states that three books of account are opened on Rosh Hashanah, wherein the fate of the wicked, the righteous, and those of an intermediate class are recorded. The names of the righteous are immediately inscribed in the book of life, and they are sealed "to live." The middle class are allowed a respite of ten days, until Yom Kippur, to repent and become righteous; the wicked are "blotted out of the book of the living."[3]



http://en.wikipedia.org/wiki/Rosh_Hashanah



For secular Jews


It would happen each fall around the Jewish new year. At the very time when renewal was in the autumn air, Arnold Barnett, an engineer from Moorestown, would go into a mild funk. His wife eventually figured it out: He was less than enamored with high holiday synagogue services.


"He simply wasn't engaged by what went on inside our Reform synagogue, or with the traditional approach to Judaism," said Ellen, 70. "I knew he was struggling. So sometimes, I would just go to services alone."


Then last year, the Barnetts saw a small notice in a local Jewish newspaper about a recently formed group in South Jersey. "We went to a meeting that was focused on Jewish history," Arnold, 71, recalls, "and that was something I could relate to. It was much more appealing."


And so the Barnetts will celebrate Rosh Hashanah, which begins Wednesday at sundown, by meeting Sunday with like-minded members of South Jersey Secular Jews - a group of people who may or may not believe in God, but do believe in caring about the world and one another, respecting and understanding Jewish history, and celebrating a culture that has meaning and emotional pull.


"The most important aspect of secularism is the survival and continuity of the Jewish people," said Paul Shane, a native New Yorker now living in Philadelphia and married to the daughter of Holocaust survivors.


Shane, 75, a member of the more established Philadelphia Secular Jewish Organization, believes humans are responsible for what happens on Earth. The here and now is central, and actions speak louder than words.


That philosophy resembles traditional Judaism. But secular Jews and traditional Jews part company when it comes to accepting religious dogma.


If you're secular, God is optional. (Traditional Judaism has "God at its heart. That's not an option," said Rabbi Ethan Franzel of Main Line Reform Temple Beth Elohim in Wynnewood.) Also, life-cycle events are handled individually - for instance, there are no set burial or wedding traditions in secular Judaism.


Of course secularism, in which one adheres to cultural norms rather than religious ones, is hardly new. During the Renaissance, from 1450 to 1600, and the Enlightenment in the 18th century, many Jews shed the God-oriented elements of their Jewishness, according to Shane, a professor of social policy at Rutgers University in Newark. That shedding also continued in the late 19th and early 20th centuries.


What's different today is that a growing number of secular Jews are finding one another, forming groups, and practicing the social responsibility Judaism requires - minus the synagogue.


Rifke Feinstein, executive director of the national Congress of Secular Jewish Organizations, says there are approximately 2,000 affiliated secular Jews in the United States. But because seculars typically are unaffiliated, and therefore uncounted, estimates for the entire American secular population range from 8,000 to 40,000.


In the Philadelphia area, there are six such organizations for secular Jews - including the five-year-old South Jersey Secular Jews - all under the local umbrella cooperative venture called Kehilla for Secular Jews.


For many people, discovering that such an organization exists has been a relief.


" 'I thought I was the only one!' is what people often express when they discover that they are not alone in their secular relationship to their Jewishness," said Larry Angert, 59, a member of 11-year-old Shir Shalom: A Havurah for Secular Jews. "The Jewish tent is big, and there's room for all of us in it."


Some local secular groups, like Philadelphia's Sholom Aleichem Club, which started in 1954, and Philadelphia Workmen's Circle, founded nationally in 1900 to aid Jewish immigrant workers and to promote Yiddish, have graying memberships. Bob Kleiner, 85, of Elkins Park, a retired sociology professor at Temple University, and his wife, Frances, a teacher of Yiddish, both long active in the secular movement, lament that younger people are not actively involved in these historic groups.


But the formation of new groups, such as South Jersey Secular Jews, is evidence the movement still has traction.


Credit Naomi Scher, 64, of Cherry Hill, whose children attended the Jewish Children's Folkshul, another Kehilla group, which is a parent-run cooperative held at Springside School in Philadelphia. About 100 children receive their Jewish education, not in a traditional Hebrew school but in classes that nourish social justice and individual responsibility. Bar and bat mitzvah aspirants undertake personally meaningful projects that they ultimately share with the entire Folkshul community.


Although Scher formed relationships with parents of her children's classmates, commuting to Philadelphia became burdensome once her children graduated, and in 2005, the retired social worker decided to start a secular group closer to home.


What began as a gathering of eight to 10 people now regularly attracts 30, meeting monthly with speakers who address social and political concerns, Scher said.


Deborah Chaiken, 74, of Palmyra is delighted to have a group close to home. "In the formal Jewish community, I felt that I didn't really have a voice. Here, I know that I do."


Dues are $25 a year, and participants are asked to bring food for potluck dinners. Meetings are held on the second Sunday of the month at Unitarian Universalist Church in Cherry Hill..


South Jersey Secular Jews members Cary and Bilha Hillebrand of Cherry Hill call the group a welcome addition to the local landscape. For Bilha, 54, the philosophy of the group is more in keeping with that of her native Israel, where the majority of the population leads a more secular lifestyle.


"We are not in any way antireligious," says Cary, 60. "We hold the belief that we are responsible for what happens to ourselves and to the world. And to us, that's the essence of what religion is, and should be."






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