08 Decent work and economic growth10 Reduced inequalities
  • Original Title: Aloi
  • Year: 2022
  • Award: World Summit Award
  • Category: Business & Commerce
  • Producer: Tiffany Tong, Sonika Manandhar
  • Country: Singapore
  • URL:

Currently, to understand loan usage, financial institutions may use manager’s cheques, vouchers, letter of credits, business audits, direct transfer to vendors, and manual loan monitoring. Such administration costs increase substantially for informal sector small ticket size loans.


Aloi provides a low-cost SaaS solution to monitor the financing flow of informal sector business loans. Aloi is one of the first loan usage monitoring software built for emerging markets and specific to micro-business loans. It creates tailored vendor ecosystems to track loan use and helps lenders focus business loans on business investment.