What is a FIBR Partner?

 

FIBR works with project partners to link financial services. FIBR project partners are tech partners (akin to aggregators), financial and non-financial that provide services to small businesses (touchpoints), like schools, shops, employers and other that are the points of services for low-income customers (end users). The partner's software on smartphones allows for the digitization of the business relationships between the small business and the individual, who may be a customer, employee or supplier. The project partners provide services such as connectivity, collection and storage, analysis and purpose & usage for low income users. They might be an IT company, or larger corporation with a large base of low income suppliers, employees or acquirers of transactions. Through the partner's software or app, the captured data allows for new ways for financial institutions to link, that is, to offer, fund or underwrite new services to low-income customers.

What does it takes to be a FIBR project partner? 

There are two things you can do to see if your organization is a fit for FIBR and what the FIBR engagement entails:

  1. Complete the partner qualification self-assessment to see if you meet the requirements
  2. Read over the partner agreement to understand the commitment and work involved
 

FIBR Partners 2016

Website: http://farmerline.co/
Founded: 2013
Industry: Agriculture
CEO: Alloysius Attah

Company Brief and Project Overview

Farmerline is a mobile technology and information software company in Ghana’s agricultural sector. Farmerline already offers an information and weather service to farmers, as well as data gathering and communication tools for supply chain actors. 

Project Basics:

  • FIBR Touch point: Purchasing Clerks middlemen  
  • Indirectly included customers: Smallholder Farmers
  • Timeline: June to December 2016
  • Status: Launched 
  • Geography: Kumasi, Ghana
  • Potential Phase 2: Scaling

Website: http://www.itconsortiumgh.com/
Founded: 2013
Industry: Education
CEO: Romeo Bugyei

Company Brief and Project Overview

IT Consortium is a Ghanaian technology services company specializing in payments and student information systems. They provide connections between most top banks and all telcos and support the bulk of BillPayment services for MTN Ghana.  

Project Basics:

  • FIBR Touch point: Schools 
  • Indirectly included customers: Parents
  • Timeline: June to December 2016
  • Status: Launched
  • Geography: Accra, Ghana
  • Potential Phase 2: Scaling

Website: http://nomanini.com/
Founded: 2011
Industry: Telecommunications
CEO: Vahid Monadjem

Company Brief and Project Overview

Nomanini is a South African enterprise payments platform provider that enables airtime and mobile money transactions in the cash-based informal retail sector. Nomanini replaces scratch cards with a unified pool of airtime and an on-the-fly printer for recharge codes, which optimizes working capital and reduces stock-outs. 

Project Basics:

  • FIBR Touch point: Mobile Money Agent Network (InCharge)
  • Indirectly included customers: Merchants 
  • Timeline: July to December 2016
  • Status: Preparing
  • Geography: 5 Regions in Ghana
  • Potential Phase 2: Scaling, Introduction of Credit Ladder to Customers