It’s a monetary platform aimed toward microfinance establishments (MFIs) that helps to raised service small and medium-sized enterprises (SMEs) and women-owned companies. The platform facilitates digital mortgage disbursements, on-line and offline assortment of repayments, and real-time reconciliation, automating fee workflows to cut back guide errors and improve information accuracy. Moreover, it integrates with widely-used mortgage administration and accounting software program to streamline operations additional. “Our journey into this area was pushed by a dedication to supporting SMEs and women-owned companies,” stated Richard Lema, COO of ClickPesa. “Over the course of 1.5 years, we interviewed greater than 500 MFIs to know their challenges and determine what drives their success in scaling operations and creating significant influence. By discussions with established MFIs, we pinpointed three vital components – sustaining rapid money movement, leveraging highly effective fee digitalization instruments, and implementing seamless information automation.”