Submitted
2025 Global Economic Prosperity Challenge

Mipango Mchezo

Team Leader
Lilian Makoi
By offering a digital platform, Mipango Mchezo ensures transparency, scalability, and financial education, empowering women to save effectively, manage money, and break economic dependency cycles. Let me know if you'd like further adjustments!
What is the name of your organization?
Mipango Fintech Ltd
What is the name of your solution?
Mipango Mchezo
Provide a one-line summary or tagline for your solution.
Enable women to save through a traditional module they already work with
In what city, town, or region is your solution team headquartered?
Dar es Salaam, Tanzania
In what country is your solution team headquartered?
TZA
What type of organization is your solution team?
For-profit, including B-Corp or similar models
Film your elevator pitch.
What specific problem are you solving?
Mipango Mchezo digitizes traditional merry-go-round savings groups to address financial illiteracy among millennial women in Tanzania. These informal groups, used for saving towards needs like business capital and school fees, face issues of inefficiency, lack of transparency, and scalability. Over 50% of Tanzanian women lack access to formal financial services, and similar challenges affect billions globally.
What is your solution?
By offering a digital platform, Mipango Mchezo ensures transparency, scalability, and financial education, empowering women to save effectively, manage money, and break economic dependency cycles. Let me know if you'd like further adjustments!
Who does your solution serve, and in what ways will the solution impact their lives?
Mipango Mchezo serves millennial women in underserved Tanzanian communities who rely on informal savings methods like traditional merry-go-rounds. These women face challenges such as financial illiteracy, limited access to formal financial services, and a lack of scalable saving opportunities, often worsened by gender inequality. The platform digitizes merry-go-rounds to provide transparency, security, and efficiency in saving practices. It enhances financial literacy through accessible education and introduces advanced financial tools to help women save for vital needs such as business capital and school fees. By fostering financial independence and breaking cycles of economic dependency, Mipango Mchezo empowers women, paving the way for sustainable development in their communities. Let me know if you’d like further tweaks!
Solution Team:
Lilian Makoi
Lilian Makoi
Co-Founder & CEO