FAQ

Why will investing in Microfinance end poverty?

Three decades ago, 42% of the world was living on less than $2/day. The good news is that this statistic is getting better. Today less than 10% of the world lives on less than $2/day, with most being from African and Asian countries.

The World Bank estimates that 600M jobs will be needed by 2030 to absorb growing youth populations in African and Asian.

Which Market and client’s segment?

Africa market starting with Tanzania focusing on youth, farmers, women and men operating MSME’s. Once we achieve certain benchmarks of size and performance, we expect to expand to other African countries.

What is financial inclusion?

Financial inclusion means that individuals and businesses have access to useful and affordable financial products and services that meet their needs and delivered in a responsible and sustainable way. Impact Microfinance providing access to credit to allows low income clients invest in small businesses and improve their lives.