Digital platform to increase financial literacy and inclusion.
MasterCard Lighthouse MASSIV Program, Accelerace (Nordics's Leading Pre-Seed Accelerator and Investor). Copenhagen Fintech Partnership Accelerator, Google for Startups SDGs
Globally, 2 billion people are financially underserved and unable to reach financial health due to lack of access to financial services such as insurance or loans. Limited access to financial services leads to the inability for people to withstand financial shocks. Therefore, access to financial services is central to poverty alleviation.
Jamii.one digitises traditional community groups to increase financial literacy and inclusion to end poverty (in particular for underserved women). Jamii.one offers a free digital platform for community groups to conduct their accounting and to leverage their data to access economically strengthening financial services such as micro-insurance and business loans.
Jamii.one provides the opportunity to be linked to financial services that help improve women's access to education on digital and financial literacy, decision making, and financial mobility. The technology caters to low-end phones, offers offline functionality, and provides support to end-users using locally preferred channels for communication. The Jamii.one platform reduces barriers for groups to start using technology and heightens the digital literacy level of users, even if they do not own a smartphone.
In Kenya, Jamii.one is currently looking to partner with the government of Kenya (GoK) to accelerate efforts geared towards the Women Economic Empowerment Implementation Strategy 2020 - 2025 by laying the foundation for bridging the digital divide for women in Kenya by strengthening digitalization and financial inclusion of community groups.”