
The company I want to set up will specialize in a particular type of microcredit. Microcredit for the insurance of the poorest. People living with very low income are excluded from the insurance system because they are unable to pay an insurance premium. The company will provide them with credit insurance coverage and allow them to pay the premium at the appropriate frequency.
The potential behind this approach is that the company will be able to collect credit and low interest, collect commissions from insurance companies for each product insurance contract, as a business bearer. And if we look at the large part of the population, living below the poverty line and having a need for insurance, the activity of this enterprise will be only growing and profitable over the years.
Sectors | Financial services, Insurance |
Location | Cotonou, Benin |
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