We Have Partnered With Blue Horizon Micro Credit to Accelerate Digitised Lending in Ghana
Today, we’re excited to announce a partnership with Blue Horizon Micro-Credit (BHM) to bring digital lending for its customers in Ghana. BHM provides community based credit and loans to salaried private and public employees with a monthly repayment plan to meet their personal needs. The partnership with Pngme will allow BHM to build customer data profiles and scale lending through an automated end-to-end credit evaluation, disbursement, and repayment platform.
BHM will have access to Pngme’s platform that is composed of Android and iOS developer frameworks and an extensible unified financial data API allowing BHM to quickly digitise their current lending process. BHM’s customers who rely on regular access to capital — will have the added benefit of being able to receive their loan through an automated and easy-to-use onboarding process to ensure the disbursement of money is completed quickly and efficiently. BHM will also benefit from Pngme’s customer management platform, speeding up the processing, allocation and approval of loans to their existing customer base.
Pngme’s Unified Financial Data Platform in Partnership with BHM
“We’re excited to add Pngme’s mobile developer tools and unified financial data API technology to BHM” said Benjamin Turkson, Chief Executive Officer at Blue Horizon Micro-Credit. “Pngme brings the latest technology to help us credit score our customers and provide them with financial products in an efficient and transparent manner”. They have transformed our manual internal business processes using Artificial Intelligence to help us make quick decisions in order to serve our clients better. Our clients get instant loan decision on their loan application status with the current technology. We believe this will help us serve our clients better.
“At Pngme, our mission is to support and empower financial inclusion using digital technology — empowering the next wave of developers and financial institutions to build financial products to solve their customers’ problems at low cost. In the current climate of COVID-19 Pngme has a unique opportunity to provide digital infrastructure that enables Blue Horizon to reach more customers and provide economic stimulus in Ghana,” said Brendan Playford, Pngme’s CEO. “We look forward to working with the Blue Horizon team and helping them scale their customer base and deliver scalable and affordable access to credit to those who need it most.”
About Blue Horizon Micro-Credit
Blue Horizon Micro-Credit provides group loans popularly known as “Credit with education” to economically active women in rural Ghana. This is a community based credit with education facilities granted to groups of individuals living in the rural areas and deprived communities especially women. Alongside, BHM also provides loans to regularly salaried employees of both public and private entities. As part of the revenue earned by BHM, the company donates a portion to deprived rural communities as a way of giving back to society. Furthermore, BHM sponsors talented children in rural schools with teaching and learning materials in Ghana.
Learn more about how Pngme is empowering Blue Horizon and others to build a fast, cost effective digital infrastructure.
