Jisort is a financial digital marketplace providing financial solutions from the convenient of a smartphone. Jisort showcase products from multiple financial partners including SACCOs, Microfinance institutions, MFIs, Lending Companies, Credit Unions, Cooperative Societies, Banks, Insurance Companies, Community Based Financial Organizations, Welfare groups, Chamas, Community Banks.
Services offered by these financial providers include:
- Small Loans
- Saving Accounts
- Shares Sale
- Micro insurance products
- Group Insurance products
- Trade Guarantee and Bid Bond
Jisort supports all these products, the most popular product is Micro Loans
What is a Microloan? Microloan is credit facility that is extended by lender to borrower conveniently – in a timely manner. It is can also be considered to be a collateral-less loan applied and disbursed via mobile and most likely to mobile money or a digital ewallet.
Jisort technology calculates a Jscore – an aggregated credit score based on individual’s financial history and social data. Jscore allow lenders to lend microloans in a timely and risk-free manner.