PROBLEM
The problem being addressed is four folds:
- Problem of financial inclusion within communities especially rural.
- The high cost of holding physical cash, cash transfer and remittances coupled with the absence of banking outlets in l communities that put a strain on the limited resources.
- Stifled entrepreneurial opportunities and lack of exposure to a growing consumer base. Limited exposure of local entrepreneurs also limit their potential market and earnings potential.
- Absence of credible statistics in the informal sector (untaxed) to allow for design of meaningful economic models.
What If???
There exists a secure and immutable solution that can bring banking to the rural masses and provide the link for entrepreneurs within the entire economic space to grow and preserve wealth within their communities while maintaining credible data which could assist economist and development partners to design appropriate economic models for the communities?...