A sample of our mobile learning for international development (mLearning):
HerVenture, a micro-learning app for women entrepreneurs in Vietnam, Indonesia, and Nigeria needing early-stage growth capital. The focus of this mobile learning for development initiative is Access to Finance (A2F), Access to Skills, and Access to Networks—in the first year, we already have more than 15,000 users with a nearly perfect 5-star rating.
Road to Women’s Business Growth focuses on gender and cultural obstacles to finance, facilitating direct connections with FIs and combining the benefits of high-tech, self-paced eLearning with high-touch in-class instruction. We collaborated with Access Bank and Women’s World Banking to integrate bank staff and touchpoints throughout the solution. A longitudinal study by London School of Economics measured impressive results in terms of outcomes and impact, including:
- Business performance: Participants’ profits have grown on average by 31%.
- Financial literacy: 92% feel more confident interacting with financial institutions and other market actors
- Financial management: 92% (up 12%) keep business and household finances separated.
- Business control: 70% (+13%) showed a decline in others’ involvement in their business decision-making.
In collaboration with CGAP, we designed and developed a digital training solution to promote financial inclusion for the financially underserved, including women entrepreneurs. Our mobile solution was deployed successfully with 7+ financial institutions across Africa with the goal of replicating globally.
Our leadership team founded, designed, developed, and managed IFC’s SME Toolkit in 18 languages and 40 countries via 20+ financial institutions, reaching 30 million+ SMEs.
And we’re currently collaborating with the Government of Kazakhstan to design and implement a nationwide skills-building program for women entrepreneurs and SMEs.