Jipange Kusave

jipange kusave is a new way to save and borrow through your mobile phone swahili for "plan -or- organise yourself-to-save", jipange kusave offers low-income business people and individuals rapid low-cost loans of $10 - 100 direct to their m-pesa account. we partner with commercial bank of africa to keep customers' deposits safe and readily accessible, and m-pesa to deliver loans and receive savings / repayments all through customers' mobile phone. ------------ through ~2 years product and customer development, jks served 2,000 beta-customers and delivered +5,000 loans in partnership with m-pesa and commercial bank of africa, and funded by cgap, fsd kenya and mastercard foundation, the startup shut-down after failing to find a viable model to address the central bank's restrictions on a non-bank delivering deposit-holding services. a great team of developers, marketers and customer-experience leads went on to exciting new roles, meanwhile the idea, research and learnings have been publi