The lack of formal addresses in rural areas hinders rural population accessing financial services and other government services. Proof of address in rural area is difficult to obtain and poses a risk for financial services industry that is battling to standardise and verify authenticity of proof of residence letters obtained from tribal authorities and municipal councillors as FICA documents.
Sectors | Fintech, Smart city solutions, Software as a Service |
Location | Moses Kotane Local Municipality, South Africa |
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