AFIIP 2018 Edition

AFIIP 2018 RECEIVED NEARLY 100 PROPOSALS TO INCREASE FINANCIAL INCLUSION, FROM 16 COUNTRIES ACROSS THE ARAB WORLD.

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An inspiring inaugural year for AFIIP

A panel of 11 judges, all experts in their fields, evaluated the proposals in a rigorous two-stage process according to the AFIIP 2018 criteria. Eight finalists were given the opportunity to establish connections within the microfinance sector by presenting their proposals at the Sanabel 2018 conference in Amman, Jordan.

 2018 Finalists

 

THE $55,000  CASH PRIZE WAS THEN AWARDED TO THE THREE INNOVATIONS WHO MOST CLEARLY DEMONSTRATED THEIR POTENTIAL.

2018 Winners

 
 
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IFIN Services

It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.

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CIWA

The second prize of $15,000 went to the Moroccan start-up, CIWA, for their development of a mobile app that provides a secured and comprehensive tool to create, organise and manage rotative savings and credit communities. Read an interview with CIWA by our Outreach Partner FinDev Gateway here.

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Al Majmoua

The third prize of $10,000 went to the Lebanese micro-finance institution Al Majmoua, for their innovative use of geographical data and location services to reach new clients, increase efficiency, and improve client relations. Read an interview with Al Majmoua by our Outreach Partner FinDev Gateway here.

 Our 2018 Judges