Stories from the Field – WIZZIT Micro-lending Pilot (South Africa)
To help increase access to finance for individuals and small businesses in South Africa, IFC and Swiss Economic Cooperation and Development Division at the State Secretariat for Economic Affairs (SECO) are working with WIZZIT to develop a lending program that will allow borrowers to access funds through their mobile phone. This case study describes the pilot program, outline key lessons learned and portrays some of the beneficiaries.
