Tappwa

Financial (Banks and Insurance) institutions play an important part in building up trade activities. In Keynesian economics, employment depends upon effective demand. There are two determinants of effective demand: Investment and Consumption. It is therefore the marginal efficiency of capital which plays an important role in the determination of income and employment level of any country. Despite the global shift toward responsible financial inclusion, there is still substantial variation in the diversity, quality, and use of financial services available in the market, with 2 billion adults remaining without access (Klapper 2015). Poor and low-income people—particularly women, youth, and those living in rural areas—are the most excluded and must depend on less reliable and often more costly informal mechanisms to manage their financial needs. At the same time micro, small, and medium enterprises (MSMEs), many of which are part of the informal economy, are limited in their ability to sustain and grow their businesses due to a lack of working capital. Seventy percent of MSMEs in developing countries lack access to formal financial services, with informality being a major constraint (Stein, Goland, and Schiff 2012). Hence the ability of unbanked and under-served to get appropriate financial services that are responsibly and sustainably provided by formal financial institutions so as to achieve universal financial inclusion and its associated social and economic development goals - is our responsibility. We build solutions for the customers as well as empower them with our products – simple to use mobile Applications (Apps) for the active and productive members of the society; for their economic development and well-being. KYC and due diligence are the bedrock of our business. Our ability to read customers’ needs well comes naturally. We’re able to read what the market wants by empathizing with customers and then developing a product that suits their needs. We’ve listened to our stakeholders and we will meet their needs. Financial services for un-banked/served and under-banked/served population. Tomorrow will be better. The journey to transforming lives and businesses has begun. The availability of holistic financial services to the more than three (3) billion people in the world who are currently un-banked/served and under-banked/served is possible. We are igniting a broad consumer participation in the financial sector; both microfinance and microinsure services are a fundamental needs of all humanity. We are therefore driven by the necessity to help improve the living standards of the majority who are currently not in a position to utilize these services to the fullest. The road to financial bliss lies in the download and usage of this easy TAPPWA app. The Informal sectors and mobile technologies: With over seventy-five per cent of the active and productive populations of developing countries employed in the informal sectors of the economy, and over 3 Billion smartphones in use; we help formal financial services providers reach and serve these customers.