In furtherance of its commitment to bridge the $42 billion gender finance gap in Africa, HerVest, a fintech firm dedicated to providing financial inclusion for women through a Gender Lens Investment approach, has launched its revamped digital app to deepen access to financial growth services for underserved and excluded African women through target savings, impact investing and credit financing.
The app also has a dollar investment feature that allows users to invest in dollar-denominated assets such as stocks, real estate and a fixed income option to earn 10 to 14 per cent returns in dollars. This feature protects investments from inflation and allows users to diversify their portfolios into high quality investments to build wealth.
“We are proud to introduce a refreshed and dynamic app built specifically to help link women to opportunities by providing them with the access to credit, trade, extension services and premium investments through a gender-focused lens. “Following our initial heavy concentration in the agro space, we have decided to expand and cover as many sectors as possible outside agriculture to help more women founders scale their businesses.