About Futa
Futa is a three-sided platform that connects MSMEs with financing which their employees can unlock as payday loans; this innovative approach leverages real-time payroll data for accurate credit scoring, ensuring fair loan terms and financial stability.
About The Program
Futa’s Women’s Empowerment Program offers tailored financial services specifically designed to meet the needs of women-led MSMEs and women employees. This includes access to affordable emergency loans, which are backed by payroll data, ensuring quick and reliable access to credit without the burden of high interest rates. Additionally, we provide a salary advance feature, enabling women to manage their finances better and reduce the stress associated with financial instability. Our platform also includes tools for efficient payroll management and automated payment solutions that help women entrepreneurs streamline their financial operations, freeing up time to focus on growing their businesses.
Beyond financial products, EmpowerHer program provides a range of non-financial services aimed at empowering women entrepreneurs and employees. These services include financial literacy workshops that equip women with the knowledge they need to make informed financial decisions, a financial newsletter to help them scale their businesses, and networking opportunities to connect with other women entrepreneurs.