Leap² Innovation Challenge on FinTech. Theme: FinTech.
Over 300 millions people in Africa have no access to credit facilities. Mobile Social Enterprise Ltd. wants to enable the unbanked and underserved population to get access to credit facilities any time, anywhere through a mobile app.
They have developed a mobile app that enable access to credit direct to their mobile phone anywhere any time. They have partnered with Saccos, banks and self-help groups to reach out to the under served population. SME Ltd's unique product proposition is the ability to gather data remotely and help build a credit score as well as integrate the apps with Sacco systems and ensure real time access to credit.