Monday, April 12, 2021
TechMoran
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
  • Classifieds
No Result
View All Result
TechMoran
">
Home Startups

Kenya’s Pula & M-KOPA receive $1.3m to increase women’s access to loans & micro-insurance

Milcah Lukhanyu by Milcah Lukhanyu
4 weeks ago
in Startups, Women
3 min read
0

Related posts

Nigeria’s Appzone raises $10mn to build out a financial operating system for Africa  

April 12, 2021
0
Efayomi

The fintech-focused VC space in Africa is fairly small, here is how Flourish Ventures is changing that

April 12, 2021
0

EnableMe, a social network for people with disabilities launches in Kenya

April 12, 2021
0

Ampersand raises $3.5m to rapidly scale its electric motorcycle & swap station network in Rwanda

April 9, 2021
0

Selina Wamucii sources all Africa’s produce in one platform.

April 9, 2021
0

Totohealth has implemented innovative technologies that reduce the maternal and child mortality rates in Kenya.

April 8, 2021
0

Nairobi-based Pula Advisors and M-KOPA have received $1m and $300,000 respectively in grants from the African Development Bank for research that will increase African women’s access to a range of digital financial services including loans and micro-insurance.

The grants, disbursed through the Africa Digital Financial Inclusion Facility, will see Pula Advisors use the $1 million for research of social, cultural and economic factors that impact women farmers’ access to microinsurance in Kenya, Nigeria and Zambia. Research findings will inform the design and implementation of gender-centric insurance products. The project will be undertaken over a 3-year time frame.

“This grant funding will be used to leverage technology to develop innovative and responsive loan and insurance products that can spur productivity and inclusion, especially for our women smallholder farmers and traders.” said Sheila Okiro, the Bank’s Coordinator for ADFI.

The three-year project will have three phases: product development; piloting; and scaling; the outcomes are expected to benefit 360,000 farmers, 50% of them women, as well as boost farm yields by up to 30%. This will also raise incomes and enhance household and national food security.

READ  Pawame launches pay-as-you-go off-grid solar systems for low income families in Kenya

M-KOPA will use the $300,000 grant funding for research involving 250 women and 250 men in Kenya’s Kisumu, Eldoret and Machakos counties. The company will assess the barriers to and opportunities for women’s access to digital financial services and financial literacy programmes via smartphone, and use the research insights to design a financial services app that is relevant to small-scale women traders.

The project will benefit women with no or limited access to financial services that run small informal businesses. Once developed, the mobile app will be used to pilot small loans to women traders.

Readers 886

Share

  • Click to share on Telegram (Opens in new window)
  • More
  • Click to share on Tumblr (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Pocket (Opens in new window)

Like this:

Like Loading...

Related

Milcah Lukhanyu

Milcah Lukhanyu

Milcah Lukhanyu covers daily news briefs at TechMoran. She is the person who will probably read your press release and get the story out of it or totally trash it. Send tips to [email protected]

Related Posts

Startups

Nigeria’s Appzone raises $10mn to build out a financial operating system for Africa  

April 12, 2021
0
Efayomi
People

The fintech-focused VC space in Africa is fairly small, here is how Flourish Ventures is changing that

April 12, 2021
0
Startups

EnableMe, a social network for people with disabilities launches in Kenya

April 12, 2021
0
Startups

Ampersand raises $3.5m to rapidly scale its electric motorcycle & swap station network in Rwanda

April 9, 2021
0
Startups

Selina Wamucii sources all Africa’s produce in one platform.

April 9, 2021
0
Startups

Totohealth has implemented innovative technologies that reduce the maternal and child mortality rates in Kenya.

April 8, 2021
0
Startups

Solar home systems firm Baobab+ raises €4 million to expand in Côte d’Ivoire and Senegal

April 8, 2021
0
Startups

Farmhut, Zimbabwean Agri-tech startup wins US$100,000 from the annual Hult Prize competition

April 8, 2021
0
Startups

Afribon designs to bring the taste of Africa to the world by equipping skills to the food and beverage processing industries

April 8, 2021
0

ADVERTISEMENT

Join our Mailing List

Loading

Recent Posts

Nigeria’s Appzone raises $10mn to build out a financial operating system for Africa  

April 12, 2021
Efayomi

The fintech-focused VC space in Africa is fairly small, here is how Flourish Ventures is changing that

April 12, 2021

EnableMe, a social network for people with disabilities launches in Kenya

April 12, 2021
Wondershare Video Repair Tool Renamed Wondershare Repairit After Major Update

Best Video Repair Tool Wondershare Repairit

April 12, 2021

Strathmore University partners Ukrainian firm to train blockchain developers

April 12, 2021
">
">

Follow Us

">

There are many sites out there focused on blowing off some steam, from funny entertainment to thrilling experiences like playing online, in some cases online gaming could grant you the chance to win extra money. We came across rocketpot.io while browsing for a good btc casino online and it left us a very good impression with their wide variety of games and crypto offering.

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy

© 2019 Moran Media Group - All rights reserved TechMoran.

No Result
View All Result
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
  • Classifieds

© 2019 Moran Media Group - All rights reserved TechMoran.

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d bloggers like this: