MI&I Partners
WELCOME TO MI&I PARTNERS
A FINANCIAL INCLUSION FACILITATOR
AT MI&I PARTNERS
We function as a bridge between the official financial system and underprivileged communities and informal businesses. We facilitate access to savings, credit, insurance, and digital finance.
At MI&I Partners, we promote adherence to key regulatory requirements with registration, KYC checks, and compliance with anti-money laundering and counter-terrorism financing (AML/CFT) laws.
Through experience and training, our experts have mastered vital skills, acquired a great experience and a vast knowledge of different strategies. We are committed to providing that expertise to as many underserved companies and communities as possible. We are passionate about sharing these strategies in a digestible way that will ultimately be beneficial to our clients.
Success is not an accident
We help both underserved communities and businesses unlock the funding they need, plan, develop, grow, and achieve their goals.
Banks look for financial clarity and asset security. Our team dives into your management accounts, refines your financial reporting, and strategically values your physical assets like land and buildings.
We then package this expanded data into a compelling business case that proves your stability to lenders. You get access to maximum borrowing power, lower interest rates, and a streamlined path to closing.
Business registration is key
Helping African small enterprises formalize requires providing clear legal pathways, access to credit, and digital tools. Tangible benefits like government contracts and lower lending rates incentivize registration.
Why is financial inclusion important?
Financial inclusion in banking is the effort to ensure all individuals and businesses, especially underserved or marginalized groups, have access to affordable financial products. Key Elements of Financial Inclusion is to remove barriers that prevent people from participating in the formal economy.
According to the World Bank, access to formal financial services is critical for poverty reduction and economic growth. Financially included individuals can more easily cope with emergencies, while entrepreneurs and small businesses can access the capital needed to grow. It also plays a major role in empowering marginalized demographics—such as women—by giving them greater control over their finances and educational opportunities.
Informal businesses make up a significant portion of economic activity and employment, particularly in developing nations. In Africa, the informal sector can represent upwards of 80% to 90% of total employment.
Informal companies (or shadow enterprises) are businesses operating outside of government registration and taxation systems. They span street vending, micro-manufacturing, domestic services, and smallholder farming. While they generate vital jobs, they typically face systemic barriers and lack formal protection.
Instead of registered corporations, these micro-enterprises operate as unregistered, cash-based sole proprietorships or collectives, fulfilling daily community needs in trade and services.
By bringing unbanked populations and businesses into the formal economic fold, governments can better distribute social benefits, mobilize domestic savings, and implement monetary policies. This broadens the tax base and fosters sustainable economic development. Financial inclusion reduces rural poverty and helps households to withstand shocks.
Mobile phones allow people in remote or underserved areas to conduct transactions and access loans without needing a physical bank branch.