This a guest post from Ayuk Etta Akum, the CEO and Founder of Skylabase which is an IT Company in Cameroon, Africa that provides technologies for financial inclusion.
A year ago, I discovered financial inclusion, the movement to end poverty in the world. Then I decided to build my company on this movement. The beauty of financial inclusion is the ability to make a very large change in the world in a very critical sector with the least technology possible. For us to embark on this journey we needed years of experience from experts and key players in this movement and we discovered this in the Mifos Initiative, a key player in the world today for the financial inclusion movement. They opened to us a door of experience to meet people with over 50 years experience in the credit union movement, finance experts, banking experts, and a complete banking engine to start from.
The hard part was for us to be open and join the movement by seriously engaging in the community, and from this came Smartfinance which is a centralized and extendable banking platform for credit unions, microfinance institutions, and banks. Our goal and vision of smartfinance is for it to be the microfinance platform for Cameroon and CEMAC region of Africa and ultimately move across Africa. Our partnership with the Mifos Initiative helped us to come out with a platform that will be the future of finance management in Cameroon and the CEMAC region in Africa. We are integrating into this platform mobile money, money transfer, USSD connectors, all the features to make Smartfinance a full-fledged banking platform while giving back to the Mifos Initiative community. Read more