Sahin and Asma host 5 Grameen Koota borrower groups in their home for 5 weekly meetings total. They prefer the groups that use mChek because meetings go much faster and their home is cleared sooner.

Grameen Koota microfinance borrowers demonstrating how to do a deposit transaction to deposit money into your bank account using your mobile phone and mChek.

Grameen Koota microfinance borrowers demonstrating how to do a withdraw transaction to withdraw money from your bank account using your mobile phone and mChek.

Grameen Koota microfinance borrowers demonstrating how to do a withdraw transaction to withdraw money from your bank account using your mobile phone and mChek.

Results after 115 days of pilot. Early on, people would deposit only just before making a payment. Now that seems to only happen 1/3 of the time and 2/3 of the time people are depositing with the Cash Points in advance and keeping their “savings” safe. Also, we’re seeing the benefits of using the mobile phone equipment. Mobile phones and SIMs are so commoditized, mainstream and off-the-shelf that whenever there is an equipment problem, the shop next door can offer customer support! A very scalable and low-cost model for the bank, MFI and technology service provider.

Description: A corporate presentation for mChek company done for an event. Duration: 3 days Team size: 5 Sofware used: Adobe Premiere, Sound forge, Photoshop, Flash Nature of work: Visualization, Co-ordination in creating animation and Editing.

Description: A demo showing the process of using mChek through SMS activity. Duration: 2 days Team size: 1 Sofware used: Adobe Premiere, Photoshop, Flash Nature of work: Editing video and audio

Fewer that 5% of microfinance borrowers in India own mobile phones, but they can still use mChek mobile payments via the Shared Phone model. In this video the Grameen Koota loan officer coaches a borrower on how to insert her personal SIM card into the Shared Phone device to do transactions. The SIM card at a cost of Rs. 100 (or ) is much more affordable than the Rs. 1500 () entry level phone.

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Results after 30 days. Comments on frequencies of transactions (~15 per user per day), and especially on high frequency of Balance Enquiry transaction and what this means for the long-term business model.