How do we transform emerging data about low-income individuals into inclusive financial services?
FIBR seeks to digitize the many business relationships that low-income customers have in the informal economy and use this new data to enable access to essential financial services such as credit, loans, savings and insurance, to help improve their livelihoods.
What does FIBR do?
FIBR identifies small businesses as vital nodes as their rate of smartphone adoption is already much higher than the population as a whole and they interact and transact with a web of low-income employees, suppliers and customers on a daily or regular basis.
By focusing on this indirect channel to financial inclusion, FIBR aims to identify and harness the energies, advantages and experiences of new partners in non-financial sectors to the challenge of the next generation of financial inclusion initiatives.
Learn more by downloading our brochure.