We estimate that over 400 million people around the world regularly save and borrow together in community groups and with friends. They use these transactions to make investments and earn a return. This practice is more than 1,000 years old.
But there’s a problem. Most of these groups are offline and manual. This makes it hard work and unsafe. MiKashBoks (MKB) is a digital social finance platform that makes saving and lending in groups easier and safer. We provide a safe and connected way for these groups to transact and access formal financial services.