Musoni

Musoni BV is a social enterprise headquartered in Lovere, Italy. Founded in 2009, Musoni BV operates globally, focusing on establishing microfinance institutions (MFIs) and leveraging technology to enhance efficiency and reduce costs within the financial sector. Musoni BV specializes in providing technology-driven solutions for MFIs, including IT infrastructure, funding, and advisory services. Their flagship offering, the Musoni System, empowers MFIs to streamline operations, minimize expenses, and concentrate on serving micro entrepreneurs. Musoni BV's commitment to innovation led them to establish the world's first cashless MFI, utilizing mobile payments for all transactions. Since its inception, Musoni BV has disbursed nearly 50,000 loans totaling $12 million to micro entrepreneurs in Kenya. Their dedication to technological advancement earned them recognition at the 2011 Global Microfinance Achievement Awards, where they received the award for "most innovative use of technology." Musoni BV can be reached via their website at musoni.eu.