Suyo’s idea came from a pilot project with Mercy Corps in 2012. The 13-month pilot tested the adoption of a proprietary data platform and a mobile communications strategy for the formalization of property in seven Bolivian communities. Compared to 23 control communities, the seven objective communities took advantage of the technology to carry out land formalization three times faster and 43% cheaper than traditional methods. The magnitude of global ownership informality and the proportional social impact opportunity serve as our primary motivation to solve this problem.
