Steve Chiotakis: In famine-ridden Somalia, there are new reports that tally an increasing flow of refugees to Kenya -- almost 9,000 a month. And in refugee camps, there's a new economy emerging -- where Somalis get food, medicine, and even money from relatives -- through their cellphones.
From the Dadaab refugee camp in Kenya, Marketplace's Scott Tong reports.
Scott Tong: Just past the kids, the goats and camels at this refugee camp, there's shack that says Safaricom -- a cell phone store. A refugee steps to the counter, fiddles with a cheap Nokia, walks out with $16.
Store manager: This man withdrew 1,500 shillings.
The store manager explains: The refugee got noney from a relative far away, via cell phone. Just now, he cashed out -- all you need is a text message and a PIN number. Out of every 10 people here, five live on $1 a day. Three have electricity. Seven do mobile money.
John Hoddinott: The potential for mobile phones is absolutely fantastic.
That's John Hoddinott of the International Food Policy Research Institute.
Hoddinott: You can transfer money almost instantaneously, which cuts out a lot of the transactions costs. It's literally mobile money -- they can take it and redeem it in lots of places.
Kenya's system is called M-Pesa, which is so common it's a verb. As in, 'Did you just M-Pesa while driving?' Yes, my cabbie Peter just texted in a church tithe.
Peter: I am almost 500 kilometers from my home church. And the fundraiser is going to start at 11; I had to send a donation.
In a minute, he gets a text.
Peter: Which has confirmed that I've sent...
Tong: I tell you what, you drive.
Turns out you can M-Pesa at the grocery store, pay utility bills, etc. So I join in.
Teller: How much? 1,200
In Nairobi, I shop for a soccer jersey for my kid. And then, out comes the phone.
Tong: Can I pay you M-Pesa?
Merchant: Yeah, yeah it's OK. No problem.
Tong: OK, now what? Enter the amount.
I text over $12 for the jersey, plus another 26 cents for the transaction. Twenty seconds later, text message.
Tong: Confirmed. Oh cool.
He gets his money, I get my shirt. It's that easy -- for farmers, herders, refugees across Kenya.
At the intersection of I.T. and development, I'm Scott Tong for Marketplace.