Washington D.C, Apr 16th, 2025 – Kifiya, Creating Equitable Access to Market and Financial Services in Ethiopia Since 2012 has joined the SME Finance Forum as the global membership network’s latest member. The 300+ members/affiliates of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation.
"SME Finance Forum is delighted to welcome Kifiya, Ethiopia's leading innovator in financial services for micro, small, and medium-sized enterprises. Kifiya's commitment to leveraging technology to drive financial inclusion aligns perfectly with our mission. We look forward to the valuable insights and contributions you will bring to our community," said Qamar Saleem, Head of SME Finance Forum.
Founded in 2012, Kifiya's vision is creating equitable access to market and finacial services for micro, small and medium enterprises(MSMEs), smallholder farmers (SHFs) & low and middle-income individuals.
"Kifiya is thrilled to announce our partnership with the SME Finance Forum. We are prompted to apply for the SME Finance Forum because we are transforming the financial ecosystem and empowering institutions to meet the uncollateralized credit and financing needs of small and medium enterprises (SMEs) by leveraging an AI-enabled credit scoring system in East Africa. We are also eager to learn, link, and lead in SME finance—to acquire new knowledge relevant to FinTech, form new business partnerships, adopt new practices, and receive investments," said Munir Duri, Chief Executive Officer at Kifiya.
SME Finance Forum: Innovation & Partnership for MSMEs Growth
The SME Finance Forum, backed by G20 and IFC/World Bank, is the leading global network of 300+ members/affiliates operating in 190 countries. Network comprises of SME focused institutions providing and enabling finance and services- banks, non-banks financial institutions, fintech, payment platforms, development institutions, credit guarantee companies, insurers, investment funds, supply chain linked players, banking and SME associations, policy advocates, regulators, academia, consulting houses, knowledge aggregators.
Our member, affiliates, and associated stakeholders benefit from learning/replicating best practices from across the world, innovating new products for business growth, acquiring risk mitigation tools, establishing partnerships, attracting investors, and being recognized amongst a peer group of global innovators. Our products consist of “members only” solutions (like innovation hubs, solutions clinics, peer group networks, study tours, specialized tools and trainings, member portal repository, partnered initiatives) as well as public good services (200+ publications library, 500+ videos, webinars, newsletters, trainings, annual awards, annual event etc.)
Discover the SME Finance Forum members/affiliates:
About Kifiya
Founded in 2012, Kifiya's vision is creating equitable access to market and finacial services for micro, small and medium enterprises(MSMEs), smallholder farmers (SHFs) & low and middle-income individuals.
At the center of our technology stack are: 1) an AI driven alternative data-based scoring plateform that enables MSMEs, SHFs, and Individuals to be credit scored, and 2) an embedded finance infrastructure supporting credit, payment, insurance, and wallet services that drive the development of nine platforms. Together, these technologies enable FIs, MFIs, and FinTechs to offer various types of micro and small credit, micro insurance, and payment products and services.
One of our key platfoms released 18 months ago is Qena, our intelligent financial services platform with KYC+ loan origination, complete credit management and collection modules. It leverages the credit scoring platform to enable banks and MFIs provide uncollateralized digital micro and small credit to MSMes, SHFs & Individuals.
Learn more:
Website: https://kifiya.com/
Website: http://www.qena.ai
Facebook: KifiyaFT
Twitter: kifiyaft
Linkedin: Kifiya Financial Technology PLC