Tappoyo Fintech

SDG 1: No PovertySDG 4: Quality EducationSDG 5: Gender equalitySDG 8: Decent work and economic growthSDG 10: Reduced inequalitiesSDG 17: Partnerships for the Goals

Group Loan Women PRO has built a sound business case for women in rural areas, leveraging basic technologies such as text messenger and classic microfinance. Women entrepreneurs with no collateral are now credit subjects. National statistics show that 23% of women access formal financial services, but in rural areas, only 1 out of 10. Women leaders in Group Loan Women PRO’s network, “Allies in Action,” teach female entrepreneurs how to use technology. Group Loan Women PRO offers women the lowest interest rates. It reduces the risk of default through trust-building. Group Loan Women PRO disproves the idea that, without experience and collateral, loans to women are impossible.

 

Co-Funded by the European Union