Mamamoni

Mamamoni is a Fintech Social Enterprise dedicated to empowering low-income women in rural and urban slum communities across Nigeria. The company provides instant mobile loans to female entrepreneurs, helping them restart and sustain their businesses, especially in the wake of economic disruptions like the COVID-19 pandemic. Mamamoni serves a critical need by closing the credit gap for these women, who often lack access to traditional financial services. The business operates in the microfinance sector, targeting low-income female entrepreneurs who need immediate financial support to maintain their livelihoods. Mamamoni's business model revolves around providing quick and easy access to finance through mobile technology, ensuring that loans are disbursed efficiently and effectively. The company generates revenue through interest on the loans provided and collaborates with various prestigious partners to expand its reach and impact. To date, Mamamoni has trained 6,000 women, indirectly impacted 18,000 children, and served over 100 communities in Nigeria.

Keywords: Fintech, Social Enterprise, Mobile Loans, Female Entrepreneurs, Microfinance, Nigeria, Rural Communities, Urban Slums, COVID-19 Relief, Financial Inclusion.