banking, development, Namibia, Postal Service

Biometrics enable micro-lending in Namibia

Namibia: Another Step Forward for Access to Banking (All Africa)

In terms of the agreement, PostFin will use the DBN credit line to finance small businesses, housing and education.

The micro-lending agreement builds on the existing relationship between NamPost and DBN. NamPost previously used DBN finance to implement electronic banking with biometric account management, which has substantially improved access to banking in Namibia, particularly in smaller centres and hard to access areas.

Read on and you’ll also learn that in Namibia, like in other countries, the postal service is getting in on the ID business.

Click the ‘Postal Service’ label below for more examples.

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