Awamo

Improving access to affordable finance for the African base-of-pyramid population

Sector(s)
Financial Services
Countries Impacted
Uganda
Cumulative Impact
1000
Established
2015
Program Year(s)
2015
Operating Status
Operating
Headquarters
Frankfurt, Kampala, Germany, Uganda
industry, innovation, and infrastructure

Description

Awamo provides informal micro financial institutions (MFIs) with affordable, comprehensive digital IT solutions that: capture client data in the field using a tablet PC with an attached fingerprint scanner; monitor MFI operations in real-time; generate credit reports, all of which dramatically decrease interest rates, fuel local economies, and increase financial inclusion.