Fanaka Technologies Limited Learn . Borrow . Insure

Fanaka Technologies is addressing the critical issue of limited access to affordable financial services for 42% of 1.02 million micro and small enterprises (MSEs) in Zambia, particularly those run by women (247,302). Traditional financial institutions impose high interest rates and complex processes, leaving MSMEs vulnerable and underfunded. Fanaka offers a unique, integrated digital platform providing three essential services: targeted financial education programs that empower MSEs to make informed financial decisions; flexible loan products with terms that align with business cash flows and micro-insurance cover for resilience. This holistic approach not only simplifies access to financial services but also ensures that MSMEs are better prepared, reducing default risks and promoting sustainable growth. Our focus on underserved demographics, particularly women-led enterprises( 85% of our borrowers being women) and the use of self-sustaining field agents model