ZedCredit Strengthening communities through digital finance

ZedCredit

ZedCredit

We provide a digital platform to women in savings groups that digitizes records and unlocks access to financial services. Savings groups mobilise high savings volumes resulting in high cash liquidity, which they store in a metal cash box, this is not safe and they therefore need a secure place to keep their funds to manage risks like robbery. As the savings group grow, demand for loans outstrips available cash needed to meet members’ business and social cash requirements. Besides cash safety our solution also has a record manager ensuring easy contribution management and transaction transparency. Our approach to financial inclusion is different in how it uses behavior change interventions. People often make decisions that don’t reflect their needs or best interests, this made us want to design a solution that anticipates our customers future financial needs and direct their usage behavior to help them attain these goals they aspire to.

Stage Unknown EST April 2017
Sectors Fintech
Location Thabo Mbeki Rd, Zambia
Markets Zambia
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