In many developing countries banks are no trustworthy or open lenders. Micro financing helps starting entrepreneurs in these countries by giving them an opportunity to start or expand their own company without great risk. Vetona supports start-ups with micro finance and training.
The finance sector in Madagascar is not utilized to manage financial transactions efficiently. Moreover, only 4% of its population has a bank account, particularly the higher class.
On the contrary, Vetona aims at the lower regions of the pyramid and tries to get simplified accounts based on mobile technologies.
This way we work together on a self-sufficient life and a sustainable future for a growing number of people.