Question

The Grameen Bank pioneered the idea of microfinance and microlending in the early 1980s. Many microlending operations today use cell phones as a method for both requesting and issuing a loan. Cell-phone use is prolific, with India, Brazil, Nigeria, and Pakistan among the top-ten highest-percentage users of cell phones by country in the world. Countries where cell phones are used to manage microloans would be considered __________.

Answer 1

Technology adopters

Step-by-step explanation:

Technology adopters are the first to test and use a new technology before the majority of others begin to use them. When we talk about adoptation, we are referring to those individuals or group that uses new information, product, innovation or technology before others. In this case, cell phone use for microloans is prolific in areas like Nigeria, Brazil, India amongst others because of their level of technological adoption.