Proparco has invested US$ 3 million in JUMO which is a technology start-up that offers unbanked or under-banked people access to financial services via their mobile phones. JUMO helps to provide loans and savings-products to customers through mobile phone networks. The company has developed a credit scoring algorithm which helps with accurate estimation of creditworthiness. The start-up has granted 12 million loans to customers in 2017 and currently operates in Zambia, Uganda, Kenya, Tanzania and Ghana.