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AR-G1004 : Zolvers: A FinTech Platform for Domestic Workers

Project Status: Implementation

The project will support the consolidation of Zolvers, a digital platform to facilitate the operation of the domestic workers' labor market--created as a digital marketplace that, through a proprietary algorithm and a thorough selection process of workers, ensures an effective meeting between supply and demand for these services. The purpose of the project is to help Zolvers to develop and scale up a FinTech channel, as part of its platform; in order to, on the one hand, encourage the financial inclusion of female workers, and on the other, contribute to generate alternative sources of recurring income to the company.

Project Detail

Project Number
AR-G1004
Project Country
Argentina
Project Sector
PRIVATE FIRMS AND SME DEVELOPMENT
Project Subsector
PRIVATE FIRMS AND SME DEVELOPMENT-MAJORITY MARKETS DEVELOPMENT
Project Type
Investment Grants
Environmental and social impact category
B13
Project Status
Implementation

Project Information

Total Cost
USD 1,150,000
Country counterpart financing
USD 650,000
Fund
Multilateral Investment Fund II (MIF) -

Approved

Title
Type
Project Number
Date Published
TC Document
AR-G1004
November 05, 2018
TC Document
AR-G1004
October 31, 2018