Kaleidofin gets support from the Gates Foundation!
Recommended for Secondary Grades
Kaleidofin – a financial technology business has secured fundraising from the Bill & Melinda Gates Foundation. Kaleidofin aims to provide simple, well-designed financial solutions.
Everyone is important, and the Bill and Melinda Gates Foundation thinks that this is true for all people. Thus, the foundation wants to help all people live healthy and productive lives. The foundation also focuses on improving people’s health and giving people a chance to get out of hunger and extreme poverty in developing countries.
What is informal sector?
The informal sector refers to persons who are self-employed or who work for those who are self-employed.
Fundamental challenges of the informal sector!
- People who make a livelihood through self-employment are not covered by payrolls. Hence, as a result, are not subject to income tax.
- Many unprotected and insecure locations are used by informal labourers to conduct their operations.
The main goal of Kaleidofin’s product lines is to make formal digital financial services more available and easier to use for people in the informal sector, while also making these services available and easy to use digitally.
Key focus areas for Kaleidofin!
The company wants to offer a wide range of financial services to people who can’t afford them. A lot of attention is paid to women who are poor.
- Kaleidofin has a goal-based savings solution called KaleidoGoals as one of its main products.
- KiScore is the name of an automated credit health checker for people who work for themselves.
- A product/service called KaleidoCredit lends money.
- A payment platform called KaleidoPay.
Curious Times is a place where we’re passionate about what we do. Consequently, we work hard every day to give our young readers the greatest possible experience and information. We also use Curious Times Weekly, The Curious Magazine, and My Expressions to communicate with our audience. As a result, our content is exciting and interesting for our readers.
School children from all around the world appreciate and enjoy our materials. So, we’re always looking for ways to improve, and are curious to hear from you. This, above all, assists us in providing better service to you.
Thus, what sort of news stories capture your interest? In the comments section below? Please share your thoughts! For the simple reason that we enjoy hearing from our young readers. The following social media platforms allow you to communicate with us: WhatsApp, Instagram, Facebook, Youtube, Twitter, and LinkedIn.
0 (Please login to give a Curious Clap to your friend.)