Analysis & Features

Moni unveils new community-powered business loans service to drive SMEs’ growth in Africa

Community groups and associations play an important role in providing various essential services and protecting the interests of the collective. They also facilitate accountability and self governance that enables communities to function as effectively as possible. Moni is pioneering a community finance model that builds on the importance of this form of group responsibility in African communities to improve access to essential financial services for small business owners across the continent.  [c]