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Activity for Jamie Butler
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Experiment Results
[Experiment Result]: Utility Test Microfinance Amisen April 2019
Experiment Results
[Experiment Result]: Currency Test Microfinance Amisen April 2019
Experiment Results
[Experiment Result]: Currency Test Microfinance Amisen April 2019
Proposed Experiment
[Proposed Experiment] Utility Test Microfinance Amisen April 2019
Proposed Experiment
[Proposed Experiment]: Currency Test Microfinance Amisen April 2019
Adopted Experiment
[Proposed Experiment]: Offer Test Microfinance Amisen April 2019
Experiment Results
Experiment Results
[FEB 19] Problem/Customer Segment Results (Problem/Customer Segment) - Fiji SoCon
Jamie Butler
Sydney, Australia
Joined this community on Oct 30, 2018
University or Company
MQ
Degree or Work area
Other
Country you Trekked/are Trekking in
Fiji
[Proposed Experiment] Offer Test Financial Institutions July Fiji
Hiya Jess, good questions I probably should have covered a bit better.
A successful relationship with FI’s is definitely a work in progress, as we do need to establish they want to work with PEV. We are not sure exactly what the relationship will look like at current, but we think SoCon is going to be the middle-entity between FI’s and micro-businesses, getting customers that couldn’t get a loan to where they need to be financially so they can meet the FI’s criteria for selling them financial services.
By doing this we can increase the customer base for FI’s by providing them with customers that they previously would have turned away. PEV would benefit by charging customers/micro-businesses for our services to make them eligible for a loan from FI’s, or we could charge the banks for bringing them these customers/micro-businesses that we have helped out. It must be said though that we do need to establish fully what these customers/micro-businesses need to have before getting a loan so we can supply a service that meets both FI’s and customer needs.