fintech for the inclusion of the underserved communities

Team Leader

samira eddaoudi

Solution Overview & Team Lead Details

Our Organization

sabacash

What is the name of your solution?

fintech for the inclusion of the underserved communities

Provide a one-line summary of your solution.

we provide affordables remittance solutions and payments alternatives to the moroccan diasporas in Europe and north America.

What specific problem are you solving?

The problem that Sabacash is trying to solve affects individuals and businesses in Morocco and Africa that face barriers to accessing traditional banking services and struggle with the complexity of international financial transactions. In particular, it may disproportionately impact vulnerable communities and small businesses that are often excluded from financial services due to their economic status or geographic location. Sabacash aims to address these challenges and promote financial inclusion for all.

What is your solution?

Through Sabacash, we aim to create a positive impact by promoting financial inclusion and facilitating international transactions for the underprivileged communities in Morocco and the MENA region. Our goal is to empower individuals and small businesses by providing them with a platform that is accessible, easy to use, and enables them to participate in the global economy. We also aim to foster a culture of social responsibility by encouraging our users to support charitable causes and provide assistance to those in need. Ultimately, we want to contribute to the economic development and social progress of the region by promoting financial inclusion and facilitating cross-border transactions.

Who does your solution serve, and in what ways will the solution impact their lives?

How are you and your team well-positioned to deliver this solution?

i am a Moroccan orphan who grow up relying on remitances, and i have a five year experience as a customer service representative, dealing o n a daily basics with the underserved and underprivileged costumers.

Which dimension of the Challenge does your solution most closely address?

Make it easier and more affordable for individuals and MSMEs to make investments and transfer payments, across geographies and across different types of platforms

In what city, town, or region is your solution team headquartered?

MENA region

In what country is your solution team headquartered?

Morocco

What is your solution’s stage of development?

Concept: An idea for building a product, service, or business model that is being explored for implementation; please note that Concept-stage solutions will not be reviewed or selected as Solver teams

How many people does your solution currently serve?

25% of Moroccan families depend on remittances.

Why are you applying to Solve?

funding

In which of the following areas do you most need partners or support?

Business Model (e.g. product-market fit, strategy & development)
Financial (e.g. accounting practices, pitching to investors)
Human Capital (e.g. sourcing talent, board development)
Monitoring & Evaluation (e.g. collecting/using data, measuring impact)
Technology (e.g. software or hardware, web development/design)

Who is the Team Lead for your solution?

samira eddaoudi

Solution Team:

samira eddaoudi