Social Lender Digital Financial Services Master Class

BUILDING BLOCKS FOR FINANCIAL INCLUSION AT SCALE.
Financial Inclusion is at the heart of delivering financial service be it digital or non-digital financial services. To reach the last mile you need a sustainable agency network that can deliver solutions to those who really need these solutions/services. Social Lender is providing the opportunity in its Master class to educate and familiarize agent networks, banks, and other financial institution on how to bring financial services to the unbanked and under-banked, and also provide an aggregation of financial and non-financial institutions to provide services at a lower cost, wider reach and greater convenience to all Nigerians through agency and digital channels, including credits, payments, savings, etc. Social Lender is a Digital Financial Service Fintech startup changing the lives of thousands in Africa (currently operational in 2 Countries – Nigeria & South Africa) by giving them access to formal financial services. It uses an Innovative Model (Social Reputation Scoring) and is available to users that do not have smartphones (using USSD and SMS channels).

Date: 28th of August, 2020.
Venue: online.
Time: 10am-2am
Event Fee: ₦25,000

To make payments and register, kindly visit https://blog.sociallenderng.com/fmc/

About Social Lender
Social Lender is a Digital Financial Service platform that offers solutions based on social reputation on mobile, online and social community platforms.

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Social Lender Partners OCP Africa in Expanding reach of its Financial Services to rural Communities

 

More than 60% of smallholder farmers in Nigeria do not have Bank Verification Number (BVN) and are currently unbanked or underbanked. To alleviate this pertinent problem, Social Lender, a Fintech company has partnered with OCP Africa, to bring financial services to Nigerians especially those in the agriculture value chain.


Back in 2019, the Central Bank of Nigeria (CBN) had stated its readiness to increase the number of bank account holders enrolled on the Bank Verification (BVN) System from over 40 million to 100 million within the next 5 years. However, as at August 2020, the total number of BVN registrations in Nigeria was only 43.2 million in a country with more than 100 million Adults.


In agriculture, with millions of small holder farmers, the lack of BVN is just one of the many indicators of the lack of Financial Inclusion leading to lack of Economic Inclusion and in many cases poverty experienced by smallholder farmers and other players in the Agriculture value chain. Helping these people improve their lives, is a major objective for the Social Lender and OCP Africa partnership.

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Social Lender Agents and Ambassadors.

Social Lender Agents are registered users on Social Lender.
Social Lender Ambassadors are tasked with financially educating end users and graduating them from one stage to the other in our DFS (Digital Financial Services). In order for the Ambassadors to achieve this objective, we have created a structure that expedites the process;

  1. The Ambassadors are allowed to recruit as many local guides as possible in their target communities. These local guides are key actors in our process.
  2. The Ambassadors are provided with adequate training to ensure they are fully equipped with the necessary tools to deliver engaging, educative and life changing financial literacy sessions.
  3. The Ambassadors are well trained agents who get rewards based on their performance
  4. An outreach is done by both Ambassadors and Agents every weekend in all locations to create awareness about Social Lender.

The sole objectives of Social Lender Agents and Ambassadors are;


-Help members of their target community exposing them to other financial services, such as savings and credit .
-Help educate their target community on the necessity of being financially included.
-Provide support, feedback and success stories in their target community.
-Help implement strategic market development plans.
-Work and create an impact in communities with global partners.

Agents and Ambassadors of Social Lender are present in various locations such as Lagos, Ogun (Ijebu), Kano, Kaduna, Oyo (Ibadan) and Delta state.

About Social Lender

Social Lender is a lending solution based on social reputation on mobile, online and social community platforms. Small cash requests are offered to members of Social Lender communities with a valid bank account. Cash requests are guaranteed based on the user’s Social profile and reputation.

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Driving Financial Inclusion using Technology.

Social Lender is helping drive Financial Inclusion to make financial products and services accessible and affordable to all individuals and businesses, regardless of their personal net worth. Our partnership with EFInA and other financial institutions have taken us to six states (Lagos, Oyo, Ogun, Delta, Kano and Kaduna) in Nigeria providing financial literacy and services to the excluded.

Our goal is to drive Financial Inclusion to make financial products and services accessible and affordable to all individuals and businesses, regardless of their personal net worth.

Exposing them to other financial services, such as savings, credit and insurance, to help start and expand businesses, invest in education or health, manage risk, and weather financial shocks, all of which can improve the overall quality of their lives.

By using financial technology (fintech), we have provided innovative tools to address the problem of inaccessibility to financial services and devised new ways for individuals and organizations to obtain the services they need.

About Social Lender

Social Lender is a lending solution based on social reputation on mobile, online and social community platforms. Small cash requests are offered to members of Social Lender communities with a valid bank account. Cash requests are guaranteed based on the user’s Social profile and reputation.

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SOCIAL LENDER AT UK-AFRICA INVESTMENT SUMMIT

Social Lender is pleased to announce her victory as we emerged first in the just concluded IE VENTURE DAY LAGOS! The competition was designed to identify and support start-ups that have the ability to create innovative digital based solutions to everyday problems faced by businesses—whether private or public—so as to improve their operations.

 

 

About Social Lender

Social Lender is a lending solution based on social reputation on mobile, online and social community platforms. Small cash requests are offered to members of Social Lender communities with a valid bank account. Cash requests are guaranteed based on the user’s Social profile and reputation.

Social Lender uses its own proprietary algorithm to perform a social audit of the users’ online, on mobile, on social media and other related platforms and give a Social Reputation Score to each user. Users can borrow from banks and other financial institutions based on their Social Reputation Score. Social Reputation Score can be improved by providing more information e.g. social reputation score is improved by the introduction of Social Guarantor who provides electronic personal guarantee on the personality of the borrower or the transaction.

Social Lender delivers cash guaranteed by social reputation in most cases within 10 minutes. In three steps, users are able to get quick cash from Social Lender. First, users access Social Lender’s platform using any of the following channels; Web, SMS, USSD, Mobile App (Partner App Add-On or Dedicated Apps), Partner Bank ATMs, APIs or Pay with Social Lender (E-commerce Checkout). Immediately a social audit is conducted on the user (with user’s permission) and the user obtains a social reputation score based on their digital fingerprint. Second, the user applies for cash using any of the available channels. Third, funds are approved based on partner specific business rules and funds is disbursed to the users’ verified Account (Bank Account or Mobile Money Account) usually within 10 minutes.

 

About Tech Venture Day Lagos

IE Venture Days are international events designed to foster the entrepreneurial ecosystem, connecting the best startups, investors, corporations, accelerators and thought-leaders. Every Venture Day lasts between 4-8 hours, and its format is a combination of keynote speakers, panel discussions and a startup competition with the most-promising entrepreneurs of the region. The conferences are open to the general public, and IE students and alumni as well as individuals from the local and regional entrepreneurial communities are invited to participate.

Venture Days take place in cities around the world, connecting the entrepreneurial community across all continents. In the past three years, they have held more than 35 International Venture Days in cities such as Shanghai, Tokyo, Miami, Bogota, London, Santiago de Chile, Paris and many more!

Moreover, every year Madrid hosts two Venture Days with more than 500 attendants, which celebrates the winners of our Venture Lab Accelerator program.

 

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NIGERIAN FINTECH SOCIAL LENDER NAMED ONE OF THE FINALIST FOR MIT INCLUSIVE INNOVATION CHALLENGE

Social Lender is pleased to announce our status as a 2019 MIT Inclusive Innovation Challenge Africa Finalist! The MIT IIC’s Regional Finalists are comprised of an elite global group of inclusive innovation organizations selected by regional innovation and entrepreneurship experts representing the most inventive and impactful Future of Work solutions on the planet. View our Finalist profile at https://www.mitinclusiveinnovation.com/winners/social-lender/

 

 

About Social Lender

Social Lender is a lending solution based on social reputation on mobile, online and social community platforms. Small cash requests are offered to members of Social Lender communities with a valid bank account. Cash requests are guaranteed based on the user’s Social profile and reputation.

Social Lender uses its own proprietary algorithm to perform a social audit of the users’ online, on mobile, on social media and other related platforms and give a Social Reputation Score to each user. Users can borrow from banks and other financial institutions based on their Social Reputation Score. Social Reputation Score can be improved by providing more information e.g. social reputation score is improved by the introduction of Social Guarantor who provides electronic personal guarantee on the personality of the borrower or the transaction.

Social Lender delivers cash guaranteed by social reputation in most cases within 10 minutes. In three steps, users are able to get quick cash from Social Lender. First, users access Social Lender’s platform using any of the following channels; Web, SMS, USSD, Mobile App (Partner App Add-On or Dedicated Apps), Partner Bank ATMs, APIs or Pay with Social Lender (E-commerce Checkout). Immediately a social audit is conducted on the user (with user’s permission) and the user obtains a social reputation score based on their digital fingerprint. Second, the user applies for cash using any of the available channels. Third, funds are approved based on partner specific business rules and funds is disbursed to the users’ verified Account (Bank Account or Mobile Money Account) usually within 10 minutes.

 

About MIT Initiative On Digital Economy(IDE)

The MIT Initiative on the Digital Economy (IDE) is a team of visionary, internationally recognized thought leaders and researchers examining how people and businesses work, interact, and will ultimately prosper in a time of rapid digital transformation.

The IIC is MIT’s premier future of work prize, awarding $1.6 million annually to entrepreneurs using technology to create economic opportunity for workers. MIT collaborates with like-minded organizations in five regions to select and celebrate sixty Regional Finalists from across the globe. Twenty Regional Winners proceed to MIT where four Global Grand Prize Winners each win $250,000 and world-wide recognition.

 

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Social Lender Digital Financial Services Master Class

About Social Lender Digital Financial Services Master Class

Social Lender Digital Financial Services Master Class

BUILDING BLOCKS FOR FINANCIAL INCLUSION AT SCALE

Financial Inclusion is at the heart of delivering financial service be it digital or non-digital financial services. To reach the last mile you need a sustainable agency network that can deliver solutions to those who really need these solution/services.

Social Lender is providing the opportunity in its Master class to educate and familiarize agent networks, banks, and other financial institution on how to bring financial services to the unbanked and under-banked, and also provide an aggregation of financial and non-financial institutions to provide services at lower cost, wider reach and greater convenience to all Nigerians through agency and digital channels, including credits, payments, savings, etc.

Social Lender is a Digital Financial Service Fintech startup changing the lives of thousands in Africa (currently operational in  2 Countries – Nigeria & South Africa) by giving them access to formal financial services. It uses an Innovative Model (Social Reputation Scoring) and is available to users that do not have smartphones (using USSD and SMS channels).

Social Lender  Digital Financial Services Master Class:

BUILDING BLOCKS FOR FINANCIAL INCLUSION AT SCALE

Date: 28th AUGUST, 2020.
Venue:  online (link to the event will be communicated ahead of time) .
Time: 10am – 2pm
Event Fee: ₦25,000

Social Lender is a Digital Financial Service platform that offers solutions based on social reputation on mobile, online and social community platforms.

Visit the following site to make payment and register

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#MyVal2019 – Win a Couple’s Dinner Treat to a popular Restaurant in your State

Let the Count down begin!!!!!!

Social Lender is giving you a chance to express yourself and get rewarded for just expressing how you feel in #MyVal2019

Post a picture of you and your #MyVal2019 and write a short loving message about him or her. Get people to like the picture.
The user with the highest likes gets a couple’s dinner treat to a popular restaurant in your state of residence.

Click here to Post your#myVal2019 Entry now. 

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Basic information about Social Lender: Web Channel in Nigeria

Hey you, We bring you some information about the Web Channel of Social Lender today!

Social Lender is a lending solution based on the Social Reputation that users have built for themselves online, on their various social media platforms. Quick cash is approved on Social Lender based on your Social Reputation.

This has been put together to answer some of the questions users have had about the Social Lender platform. This post  focuses on the Web Channel which is one of the 7 available channels on Social Lender in Nigeria. Watch out for a similar post about our other channels in the future.

 

The Dashboard

 

The Dashboard is where you carry out most of your Operations on Social Lender. Here, your current Social Reputation score is shown, alongside your active cash request and your wallet. Also, the history of your previous cash requests on Social Lender is shown.  Read more →

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Happy Independence Day – #SocialLender #Nigeria58 Independence Challenge.

Happy Independence Day, Nigeria. We are introducing #SocialLender #Nigeria58 Independence Challenge.

Post a Picture in your Nigerian Attire to Social Lender Page.

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