Spice Money & Grameen Foundation Collaborate to Support Women Entrepreneurs' Financial Inclusion
By: WE Staff | Wednesday, 13 September 2023
On Tuesday, the top rural fintech and a division of DiGiSPICE Technologies, Spice Money partnered with Grameen Foundation for Social Impacts (GFSI), an organization that works to improve underserved communities, support rural women and empower the women nanopreneurs. With the help of the Bill and Melinda Gates Foundation, the partnership between GFSI and Spice Money will start the project 'Scaling Agent Viability and Quality in India' for three years in order to strengthen the ecosystem.
This collaboration will mainly aim to enhance the skills of female nanopreneurs with knowledge of banking and financial products through the strategic alliance. The partnership also aims to create a system for handling complaints and providing customer support to strengthen the trust of customers.
The collaboration will have a great emphasis on providing women the tools they need to succeed in the workplace and show off the advantages of women's inclusive economic development and growth.
The Grameen Foundation recently partnered with the Fintech firm PayNearby in order to unskilled 1.5 lakh business correspondents (BCs) in rural areas. The underserved population will receive digital and financial services besides the cash-in/cash-out from the BCs.