Sub-Saharan Africa grapples with low literacy levels and a growing youth population who are mostly unemployed. While governments have undertaken initiatives to sensitize youth about informal sector jobs like farming and last mile transportation services (motorcycle taxis), little has been done to effectively manage, and formalize these sectors. The lack of tools to manage the sectors has contributed to financial exclusion among the youth who are unable to access facilities like credit and insurance which they need for self-advancement and financial security.
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Tambula is a financial service platform which leverages connected devices and transaction monitoring to promote financial inclusion among the unbanked in the informal transportation and farming sectors.