Opening Up the Discussion on Financial Inclusion in Kenya
We offer financial research and consultancy services to organisations interested in understanding financial inclusion in Kenya and the region. Our approach is to use the knowledge and experience gathered to create a model that can help bridge the gap. Most international NGOs have economic empowerment activities in Kenya's ASAL regions and would like to understand the dynamics. Besides knowledge, we can influence how these organisations execute their programs and even help them simplify their model. With our Chama Management Software, we can provide the functionality and data to back their hypothesis. To learn more about this service, reach out using the provided contacts.
Kenya has over 300,000 informal Chamas, and a very few commercialize or rise to be significant financial firms in Kenya. We explore how to increase their validity, and improve formal conversion into the financial system.
The rural economy has significantly grown, thanks to Chamas. From education to agriculture and small scale trading, these micro saving has helped uplift lives. Our research centers on how to improve its management.
Funds pooling gives members an opportunity to invest in something significant. We have studied investment opportunities available to groups, outcomes and why it may work, compared to others.
We understudy some of the most profitable Chamas or co-operatives that have grown to 1st Tier Bank status, and remodeled it to create simple processes to get there. The approach is to make Chamas attractive for posterity.
Flynta CBS is the only platform that fosters growth of its members by creating Investment opportunities.
Every team member can view and follow through the activities of the group, both operational and growth.
Our processes are incorporated with formal financial systems for concurrence and correspondence.
Flynta heavily rely on funds pooling and communal cohesiveness to grow resources and capacity over time.
We do not charge registration or account management fees. Our model only takes a fee on withdrawals.
All our activities are born out of research, and our go-to-market strategy is informed by a specific need. We consume the research internally and also share it with partners who are within the same sector. The joy of lifting communities out of poverty is our clarion call.
Most financial institutions understand finance from a formal perspective, such as banks and microfinance institutions. Rural Kenya and informal settlements in urban centres still rely on informal groups for survival. Our research focuses on them and how to improve their living standards.
1. International and Local NGOs
2. Financial Institutions
3. Formal and Informal Groups (Chamas)
1. Internal – based on the activities and feedback from our processes, we develop an approach for use to improve our products and standards.
2. External – based on the research question, we can borrow heavily from our experience, and find out more from the field to complete the task.
All decisions made from this experience are geared towards improving service provision for our clients and partners, and we hope to continually grow the service and products to unprecedented heights. Our goal is to address financial inclusion across Africa and other developing economies.
Join thousands of chamas already growing with Flynta CBS.