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Summary

In this case study, we share how a local bank in Tanzania contracted Tech Venturas to propose a robust, secure and user-friendly digital application to serve an underprivileged segment of the population.

Micro-Entrepreneurs are largely ignored by conventional banking systems; due to issues such as lack of collateral, lack of financial literacy and geographical outreach challenges. Through the right technology, tools and guidance – micro-entrepreneurs including women were provided with ‘business lifeline’ like avenues to leverage social values and gain access to business micro-financing.

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