MobileMoney LTD Partners with UNCDF to Empower Women and Youth-Led MSMEs through Digital Financial Solutions
Partnership with UNCDF aims to close financial access gaps and empower women and youth-led MSMEs in Ghana through digital innovation
- MobileMoney LTD partners with UNCDF to develop digital financial solutions for women and youth-led MSMEs in Ghana.
- Project targets underserved regions — Northern, Ashanti, and Western — to boost access to loans, savings, and insurance.
- Initiative builds on MobileMoney LTD’s ongoing efforts to empower women entrepreneurs through digital inclusion and financial literacy.
Accra, Ghana, November 9, 2025 – MobileMoney LTD has demonstrated its
commitment to enhancing financial inclusion and empowering women entrepreneurs
through its participation in the Leveraging Digital Ecosystems for Increased MSMEs’
Productivity project, an initiative led by the United Nations Capital Development Fund
(UNCDF) with funding from the SDG Fund.
Under this initiative, MobileMoney LTD is among five Service Providers selected to
develop and scale tailored digital financial services and financial literacy programs
for micro, small, and medium enterprises (MSMEs), with a strong focus on women
and youth-led businesses in underserved communities, particularly in the Northern,
Ashanti, and Western Regions.
The partnership aims to address key barriers MSMEs face in accessing and
effectively using digital financial services, including challenges related to payments,
loans, savings, and insurance.
Speaking on the significance of the initiative, Chief Executive Officer for
MobileMoney LTD, Shaibu Haruna, highlighted that financial inclusion and women’s
empowerment remain central to the company’s strategy.
“At MobileMoney LTD, we believe that empowering women and young entrepreneurs
through digital finance creates lasting economic value. This partnership with UNCDF
aligns with our mission to drive digital inclusion for every Ghanaian and our broader
goal of supporting sustainable development through innovation,” he said.
He further explained that the project is a natural extension of the company’s strategic
focus on supporting MSMEs and driving inclusive growth.
“Our journey has moved beyond simply providing a platform for payments. The
market research we have completed highlights the critical gaps MSMEs face in
accessing tailored solutions for loans, savings, and insurance. We are now focused
on developing and testing prototypes that will close these gaps, ultimately fostering
sustainable business growth in the Northern, Ashanti, and Western Regions and
ensuring that our contribution to the global SDG agenda has maximum national
impact,” he said.
The project began with capacity-building sessions facilitated by UNCDF, which
equipped the MobileMoney LTD team with Human-Centric Design tools and insights
to guide solution development. Building on this foundation, the company has
Internal
completed market research to better understand the unique needs of MSMEs and is
now advancing to the prototype development phase. These prototypes will be tested,
refined, and scaled to drive: Greater access to financial services for excluded
MSMEs, Sustainable business growth for women and youth entrepreneurs,
Improved digital and financial literacy and Long-term impact on Ghana’s economic
development.
Over the years, MobileMoney LTD has consistently demonstrated its commitment to
women’s economic empowerment through several impactful initiatives, including the
digitization of Village Savings and Loans Association (VSLA) groups, supporting
market women with smartphones to enhance their business operations, and
providing seed funding to women agents to grow their enterprises. These initiatives
form part of the company’s broader agenda to enable women’s participation in the
digital economy and promote inclusive growth.
