Tappoyo Fintech

01 No poverty04 Quality Education05 Gender equality08 Decent work and economic growth10 Reduced inequalities17 Partnerships for the goals
  • Original Title: Tappoyo Fintech
  • Year: 2023
  • Award: World Summit Award
  • Category: Business & Commerce
  • Producer: Fiorella Milagros Contreras Astete, Rennzo Fernando Contreras Astete, Karen Alejandra Flores Barrientos, Maor Roizman Gheiler
  • Country: Peru
  • URL:

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 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.