Closing the financing gap for smallholder farmers and rural entrepreneurs requires investing in technology that maximizes efficiency and reduces operational costs. Recognizing the potential of mobile technology to boost loan officer efficiency, Incofin provided Bolivian MFI Sembrar Sartawi with a TA grant financed jointly by Incofin cvso, RIF II and the IDB Rural Finance Partnership to develop a customized mobile app that allows its loan officers to collect client data in the field via their smartphones. Sartawi can leverage this data for credit analysis, reporting and designing social programs for its clients, 60% of whom are women.
Watch the full video to learn more about how Incofin’s TA promotes innovative solutions to expand rural financial inclusion.
During her State Visit to India, Queen Mathilde of Belgium visited Incofin CVSO investee, Fusion Microfinance. Queen Mathilde not only met with Fusion staff, but also engaged with some of its clients (100% female entrepreneurs ), who shared their experiences of how the micro credit loans offered by Fusion has helped transform their lives.