Movirtu is a for‐profit social enterprise that provides innovative network infrastructure solutions for mobile operators servicing rural poor communities in Sub‐Sahara Africa and South Asia to help them realize shared access to basic mobile phone services for people earning less than $2 a day. The company's MXShare product enables subscribers, who cannot afford to buy a handset, to own a virtual phone account with their own telephone number which they can access from other people s mobile phones. By enabling basic phone services Movirtu is helping people access jobs, raise incomes, access displaced family members and, increasingly, is acting as an enabler to send remittances over the mobile phone network.

GBF is providing Movirtu with funds needed to meet its short‐term working capital requirements through the launch of its commercial operations. GBF will also provide a technical assistance plan that includes marketing, product design, human resources development, and the creation of a data collection and analysis process to measure its social impact and economic returns.

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