Digital P2P Lending Platform for EthiopiaEthiopia lacks accessible, formal, and digital P2P lending options, forcing individuals and small and medium-sized enterprises MSMEs to rely on informal, inefficient financing. Introducing a digital P2P lending platform will diversify the loan options for individuals or MSMEs and create an investment opportunity for individuals with disposable money to lend funds in exchange for competitive returns.
The Case for a Unified Payment App in EthiopiaCurrently, Ethiopia hosts a multitude of mobile banking and mobile money services, each uniquely tied to its respective provider. Adopting a use case that unifies digital payments in Ethiopia specifically with regards to payment apps would simplify transactions and enhance user convenience.
