yonas yishak

Sources https://news.ilri.org/2017/09/18/largest-ever-micro-insurance-payout-made-to-ethiopian-pastoralists/ More than 2,250 pastoralists received insurance payouts following the extremely poor rains this year in southern Ethiopia. Low levels of rainfall have led to the loss of approximately 300,000 livestock in 2017 in the Borana zone of the southern Oromia region. The insurance payouts of more than ETB 5.233 million (USD 220,000) was … Largest-ever micro-insurance payout made to Ethiopian pastoralists

Kifiya Financial Technology, along with Oromia Insurance Company and Agriculture Transformation Insititute (ATI), have scaled up their micro-insurance product that protects farmers from shocks caused by drought. The product, Vegetation Index Crop Insurance (VICI), first launched in 2016, extended its program for two more years after winning a 2-million euro co-funding grant from the InsuResilience … Kifiya scales up insurtech product for farmers

source https://www.capitalethiopia.com/2022/02/28/redefining-msmes-financing-through-uncollateralized-digital-lending/ With only 0.5 percent of depositors in the country having access to credit, a knowledge sharing session has suggested expansion of uncollateralized digital lending to make micro, small and medium enterprises (MSMEs) beneficiaries.During the knowledge sharing session organized by Kifiya Financial Services Technologies in association with the International Financial Corporation (IFC), and MasterCard … Redefining MSMEs financing through uncollateralized digital lending

Addis Ababa, Ethiopia — Earlier today, Kifiya Financial Technology in partnership with the Mastercard Foundation and its knowledge partner International Finance Corporation kicked off a first of its kind knowledge seminar bringing together financial institutions, policymakers, and MSMEs to discuss how to make capital more accessible to entrepreneurs by addressing prohibitive collateral requirements. Kifiya Financial … First of its Kind Knowledge Seminar to Tackle Collateral Challenge Facing MSMEs in Ethiopia

Source https://www.thereporterethiopia.com/771/#google_vignette Four years after building the mechanism for a unified billing system for basic government services such as payment on electricity and water in ‘Lehulu’ in a pioneering private-public-partnership (PPP) Kifiya Financial Technology is teaming up with MasterCard. The plan is to integrate and serve the resources of an ever-expanding Ethiopian diaspora in a … Kifiya, Mastercard to partner in digital finance

Source https://www.theguardian.com/sustainable-business/fintech-startups-sustainable-financial-technology From Kifiya which makes transactions more affordable in Kenya, to PayNearME which helps Americans pay their rent remotely – fintech is increasing access to financial services The world of financial technology (or fintech) is hot. Growing faster than almost any other segment of the tech industry, global investment in the sector reached nearly $3bn last … Fintech: financial technology startups to watch