Enviu secures equity funding of $800,000 from the Mastercard Foundation

Enviu has secured $800,0000 in funding for its newly created product called the Peoples Pension Trust Ghana which provides micro-pensions to the informal market of Ghana. Ghana has a large informal sector which is 80% of the economy and this segment typically has no access to pension products. The informal workers of Ghana can build-up a pension by contributing in weekly or monthly flexible amounts using a mobile wallet, bank or saving group. This pension product is a pioneering a sector that has for many years left the informal sector excluded even though this informal sector has the ability to contribute to their future income through their informal work or employment.

 

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