MISSION
‘Financial and Social inclusion for All’
AUXFIN delivers financial, value chain and community development solutions to all. Including vulnerable populations, refugees, smallholder farmers, micro entrepreneurs, with low literacy and numeracy skills, limited access to the internet, no- or low access to electricity, and limited experience with mobile and other technologies. Recognizing that some participants may require additional assistance, AUXFIN builds value networks of people organised in groups around a tablet and assisted by trained agents to make sure our technologies are well understood and used. These networks are developed through the so-called ‘G50 approach’.
G50 Approach
The G50 approach is an effective way to fight poverty in a sustainable way. It consists of organising groups of maximum 50 households around a tablet and connected to the UMVA platform and community activation program (CAP). Each group is governed by self-elected and representative leaders, considering age and gender. Through the tablets each member is provided with, and connected to information and services through the UMVA platform. In order to make sure the groups are well governed, and our solutions are used well each group is supported by a field agent.
After registration and group formation, each group is going through a resource mapping and mobilisation phase to make an inventory of their biggest challenges and opportunities to get to self-development as a group. Based on this assessment the group prioritises a plan and can use the tools and services provided to realise this plan. E.g. the group can start working with the HealthCoach learning how to prevent major disease or buy mosquito nets at a local service provider, another group decides to improve agricultural productions and to collectively sell. Many stories on these self-development groups can be found in the impact section of the website.