Digitize village community savings and lending processes, from group KYC (members information) to process and procedures undertaken by groups
Optimize data science to provide accurate analysis and predictions that will help users create a solid financial footprint.
Integrate value addition services and products for the groups/members to access including financial management knowledge, micro insurance products and capacity building.
Ecobba is a platform built to support all kinds of savings and investment groups, from SACCOS organizations to informal community societies like Chamas, ViCoBa, Stokvels and the likes, eCOBbA understands your needs
Irene Kiwia - Founder,Ecobba.
How to sign up on Ecobba
Begin access to micro-financial products like savings, loans and insurance, and use data-driven science to give access to more products through credit scoring and profiling, grow your ecosystems, expand products and services and create wealth.
1. Register for free.
Sign up online or in our app or USSD for free. All you need is a phone number or an email address.
2. Set up your information.
Tell us a little bit about yourself and set up your account.
3. Add your group members
Fill in more information about the group to activate the group.
4. Fill in group history information.
Fill in the details of your group members (name and phone numbers or emails). And they will get a notification that they have been invited to your group and that they should sign up.
5. Conduct group activities.
Continue with normal group activities. The platform has all features needed to allow you to save, request for loans, communicate and transact!
6. Enjoy being in the ecosystem.
Enjoy your new finance management tool by learning, accessing more products and services and showcasing products in the marketplace.
Why we do it
To drive industrilization via saving groups
Lack of financial services for the informal sector and products to grow their savings portfolios hinders transformation
The informal sector remains stagnant with minimal growth due to lack of capacity, access to resources, low competitiveness and access to markets.
There is minimal data around savings groups as the majority of the practice is conducted via manual channels of transactions with no record-keeping hindering members from substantial growth.
Uncoordinated efforts towards economic empowerment for the informal sector.