Bezomoney Beyond Financial Services

Despite the contributions of the informal sector to Ghana’s GDP, the social mobility of majority of these people remain stagnant. This pushes families into poverty and an inability to manage financial emergencies.
Although fintech can help to financially include them, it must align with their behaviours and needs.
A very typical behavior among the unbanked is group savings.
However, members of these groups lack savings and credit histories which excludes them from the formal financial system. Despite the popularity of Personal savings in the informal sector(susu), informal workers are unable to access credit in formal banks despite impressive savings histories. This affects the growth of businesses and breeds poverty.
BezoMoney exists to change that. Our vision is to facilitate an upward social mobility so that through the savings and credit history we help them develop, their lives can significantly improve from year to year.