The Women Building Wealth with Just a Phone
In Nigeria’s bustling informal economy, the mobile phone has evolved into an indispensable tool for women entrepreneurs. More than just a communication device, it serves as a marketplace, point-of-sale system, and even a digital savings account, often determining the difference between financial success and struggle. For women running market stalls, driving motorcycles, or selling food from their homes, the mobile phone has become central to their livelihoods.
Digital Infrastructure and Financial Empowerment
A new four-part documentary series, supported by the Centre for Communication and Social Impact, explores the transformative impact of digital public infrastructure on the financial lives of these women. It highlights the shift from cash transactions to digital payments, from traditional banking to quick USSD transactions, and ultimately, from financial dependence to informed decision-making. The series not only celebrates increased access but also investigates the challenges and uncertainties that arise when these systems, intended to simplify life, inadvertently create new complexities. Through the stories of women in markets like Eki-Oba and Agege, the series reveals the fragile realities of digital access and its impact on their economic journeys.
This insightful series sheds light on the resilience and ingenuity of women in Nigeria’s informal economy as they leverage mobile technology to build wealth and navigate the evolving digital landscape. It also underscores the critical need to address the challenges and ensure that digital tools truly empower and uplift these vital contributors to the economy.
Keywords
Related Keywords: women building wealth, phone wealth, mobile wealth creation, wealth from phone, women and mobile finance, building wealth app, financial independence women, smartphone wealth, women earning online, mobile money women
