Financial services app for street vendors - Prismetric

Financial services app for street vendors

Financial service applications designed for street vendors helps them navigate their finances, access loans, and other financial solutions. These apps provide valuable support to help vendors manage their earnings and grow their businesses.

Client requirements

Through this app, street vendors should be able to access a range of financial services, including microloans, savings accounts, and insurance products as well as information on government schemes and benefits. The users should be able to share information, resources and support. The app should provide customized content based on the street vendor’s location, interests and needs.

Application features and functionalities

  • Street vendors can use the app to access financial services
  • Users can open a savings account and manage it through the app
  • App offers a range of vocational training programs
  • Users can apply for micro-loans and other insurance products
  • App connects users with fellow members of their community
  • App provides customized content based on location and interests
  • App provides guidance on financial literacy, female entrepreneurship, etc.

Technical Specifications and Implementation

  • Android: Android Studio with Java

Solution

We have successfully developed a digital platform that provides the rural sector in India with access to financial services, vocational training and other support services. The app for Financial services is designed to help street vendors improve their economic status and become more financially independent.

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