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Tag: LMI segments in India
The Mool mantra: Simplifying financial services for the masses
In this blog, we chart Mool’s journey. Mool is a neo bank that enables Indians in the low- and middle-income (LMI) segment to take small steps toward saving and investing. Read on to see how Mool uses an interactive, easy-to-use platform to make customers save more and plan their financial lives better.
Mool is a startup under the Financial Inclusion (FI) Lab accelerator program’s fifth cohort. The FI Lab is supported by some of the largest philanthropic organizations worldwide—the Bill & Melinda Gates Foundation, J.P. Morgan, Michael & Susan Dell Foundation, MetLife Foundation, and Omidyar Network.
Jun 14, 2022
Fello: Follow this team to know about a game-based approach to savings and investments for the LMI segment
Fello is a digital savings and investments platform that provides low- and middle-income (LMI) segments in India with access to formal savings. It promotes the uptake of formal financial services and builds a regular savings habit within the community. This blog explores Fello’s journey and the positive impact it hopes to create within LMI segments.
Aug 25, 2021
Kosh: A community-based credit platform that offers financial security to blue-collar workers
Kosh is a digital lending platform that provides access to formal credit to low- and middle-income (LMI) segments in India. It works on a joint liability model that relies on group leaders and members who avail credit through the platform. This blog explores the journey of Kosh and the positive impact it hopes to create on LMI segments.
Aug 11, 2021