Hope Micro partners with Kopo Kopo and Splash Mobile Money
Hope Micro, a microfinance institution based in Sierra Leone has partnered with Kopo Kopo and Splash Mobile Money to bring mobile financial services to their 16000 microfinance customers.
Hope Micro plans to scale the service in order to offer both loan disbursement and repayment through Splash Mobile Money to all of its 16,000 customers. Hope Micro is the first microfinance institution in Sierra Leone and one of the first in West Africa to offer mobile financial services.
Hope Micro customers may now repay their loans using Splash Mobile Money, a service allowing users of the top three mobile networks to load cash to their phones, send money, pay bills, withdraw cash, and buy goods.
SD Kanu, the Executive Director of Hope Micro said, “Making payments at our office takes the client away from their business. We partnered with Splash and Kopo Kopo in order to make our services as convenient as possible and put more money into the pockets of our customers.”
Kopo Kopo, a US-based organization offers a software-as-a-service platform that enables microfinance institutions to integrate one or multiple mobile money systems with their core banking software on a pay-as-you-go basis.
by Micro Finance Focus
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