Vijana huchukuliwa kuwa ni soko gumu la kuhudumia kwa maana ya kutoa huduma za fedha, kwani wengi wao hawana Vitambulisho vinavyoweza kukidhi matakwa ya “Mjue Mteja Wako”, pengine hii inatokana na kiwango cha chini cha miamala inayosababishwa na viwangovyao vidogo vya ushiriki kiuchumi, hivyo kutokuwepo kwa faida zilizo dhahiri za uwekezaji kwa watoa huduma wengi.
They are considered a diffcult market to serve in terms of financial service provision, as many do not have sufficient ID to fulfil Know-Your-Customer requirements requirements, presumably low transaction volumes due to their low levels of economic engagement and as such an unclear return of investment for most providers.
Across Africa, millions of people use and trust savings groups and other informal savings mechanisms (ISMs). They provide financial services that formal financial services providers (FSPs) often can’t. Savings at the Frontier (SatF) is a multi-year partnership between Mastercard Foundation and Oxford Policy Management to help FSPs find ways to link with ISMs, benefitting both […]