How data is changing financial inclusion – inVenture – Ep012


The image above shows inVenture’s product in action in Kenya.

This episode is part of a podcast series called “Entrepreneurs & Economic Development” talking to entrepreneurs using business and technology to solve problems at the Bottom of the Pyramid. Listen to the interview by clicking play above. 

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Contest Details: Click here for information on how to enter to win a FREE electronic copy of Ken Bank’s Book. Active until May 6, 2015.

Today’s Guest

Ami Gosalia, Head of Growth at inVenture a financial inclusion company that uses data to create risk profiles among the world’s poorest.

You will learn:

  • How a background in international development and financial economics led Ami to inVenture
  • 3 Changes in Microfinance Risk Assessment in the last 5 years :
    • Smartphones
    • Mobile Money
    • Relationship/Online Data
  • The importance of immediate access to capital in Emerging Markets and how inVenture uses 10,000 data points to assess risk in under 3 minutes!
  • How data and mobile payments could benefit millions of Americans
  • Tips on working with start-ups and starting a career with a social venture
  • How education and marketing are intertwined in emerging markets
  • Ami’s favourite meal when visiting Kenya

Great Quotes

[bctt tweet=”Everyday I get to work on something that can change a #life – @amigosalia”]

[bctt tweet=”The missing #microfinance piece – low cost risk assessment – @inVenture”]

[bctt tweet=”Financial inclusion is not just capital, it’s also #education – @inVenture #SocInv”]

[bctt tweet=”2.5 to 4 Billion people are #un/underbanked – lacking #financial identities – @inVenture”]

[bctt tweet=”#Credit card penetration in #Kenya is 1% – @inVenture”]

Mentioned :

Contact Ami or inVenture:

Feel Free to Comment or Connect

If you have any questions for Ryan, Ami or recommendations for future interviews please place them in the comments section. 

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