Project Everest

Archived
Social Consulting

Social Consulting and Finance - Fiji

77
280
187
317

Bridging the gap between small to medium businesses in developing countries and loan providers.
Vision: Thriving business ecosystem accessible to all.

PROBLEM
Business owners struggle to understand the information required by loan providers to be approved for a loan. As a result, they often have significant delays in getting their loans approved, or receiving rejection, due to the documentation needed.
On the flipside, lenders and financial institutions find it difficult to risk profile their customers, as many of them don’t have the financial reporting and accounting information necessary to justify taking the risk of working with them.
PEV aims to improve access to capital for small to medium businesses and consumers seeking to get loans.

More >

 

Filters

Challenge Themes

Tags

Tags

View More

Status Labels

Status Labels

View More

Top Contributors

  1. Rose Martin
    939 pts
  2. Kurt Michl
    494 pts
  3. William Lee
    335 pts
  4. Seif Zakri Stacey
    314 pts
  5. Naomi Boulton
    284 pts

View leaderboard

Sort by

Lean Phase: Solution Assumption: FIs have particular features that they require in the financial documentation they acquire from customers.  Time box: 1 week Success Metric:   % of FI’s that give features which inform an MVP based on improving customers financial management and documentation.   Goal: Speak to 8 FI’s  Criteria:  Success point:  50% of FI’s provide features that inform an MVP based on improving customers financial management and documentation.  Green light:...

by Sophie Richardson
0 Votes
Comments 0
Sophie Richardson

Lean Phase : Problem Link to original experiment:  https://projecteverest.crowdicity.com/post/1385250 Original Assumption:  Micro-enterprises in Fiji identify a lack of access to financial management and budgeting resources in enabling their businesses to grow, diversify, or run as they please. RESULTS Results Spreadsheet: https://docs.google.com/spreadsheets/d/15j4a8f93Y5zcNW3Tg8PVcHNc6Do_jP-qMsIhiJVqC4k/edit#gid=0 Key Data Statistics:...

by Nikki Theodorakis
1 Votes
Comments 0
Nikki Theodorakis
Share