Jumpstart Africa is committed to market-based solutions to poverty. Our approach to poverty alleviation is rooted in making real change in people’s lives. We do this with the knowledge and trust that local people know best what can help them.
As a financial services company —we are enabling access to affordable, innovative and impactful financial services for clients empowering low-income communities achieve a better standard of living. To assess the social performance of these programs, our research team measures deep impact through the lens of the customer.
Financial Inclusion
We create global partnerships for promoting financial inclusion. We increase affordable credit availability, boost savings, reduce leak in subsidy and welfare distribution, improve access to financial services in a convenient, appropriate but simple and dignified manner with the requisite consideration to client protection
Economic Growth
We create value for small enterprises at the same time creating a more sustainable and inclusive path to economic growth, prosperity, and well-being (SDG 8- Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all). We work to avail more affordable requirements in financing SMEs for women and youth.
Impact Investment
We expand micro-finance (savings, credit and insurance) for small business owners, expand finance for ‘the missing middle’ i.e. small enterprises graduating from micro-finance and are not yet able to access credit from the formal banking system. Leverage new business models and technologies to raise diversified sources of capital including impact investment and peer-to-peer lending.
Microfinance
For many of these individuals, access to financial services is the gateway to realizing their dreams. Low-income households use micro-loans to earn more, build assets and cushion themselves from external shocks. With increased income, they also invest in better nutrition, housing, health care and education.