Village Capital is partnering with The Mastercard Foundation and The Doen Foundation to host a three-month program to support early stage entrepreneurs who are building financial technology products to improve the financial health of low-income populations in Sub-Saharan Africa. It will take place in Nairobi, Lagos, and Accra and when it’s concluded, two of the businesses will be selected by the other entrepreneurs in their cohort to win $100,000.
The program consists of three intensive, four-day workshops over three months. Specific workshop locations have not been announced but the dates are:
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Workshop 1: December 6-9
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Workshop 2: January 24-27
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Workshop 3: February 21-24
Examples of the kinds of solutions Village Capital is looking for are those that help democratise savings, credit, payments, and insurance products using data analytics, blockchain tech etc, increase efficiency in supply chains and distribution channels across sectors through better market access, increased price transparency, increased connections to new suppliers, and access to other decision-driving market information and/or enhance livelihoods of low-income small business owners through tools for value-chain tracking, smart logistics, business insurance, working-capital loans, and financial management tools to better handle risk and volatility.
The Village Capital Fintech Africa 2016 program will help improve entrepreneurs’ skills in financials, pitching, sales pipeline and they’ll also have one-on-one sessions with experienced mentors, industry experts, investors, etc. Click here to apply, before September 20, 2o16.
