By building a credible financial history for each group, Hiveonline seeks to unlock formal credit and drive sustainability in some of the country’s most remote regions. Members can more easily see where their money is going, trust group calculations, and leverage their growing savings histories for credit and insurance.

Hiveonline aims to transform the way VSLAs operate in rural Mozambique by introducing a user-friendly digital application called VSLA.online. Supported by funding from the FAHU Foundation, this initiative seeks to strengthen recordkeeping and increase transparency among local savings groups.

1. Onboard and train 89 existing savings groups with 13,000 members in the Nampula region of Mozambique by:
2. Offer savings group functionality to 40,000 producers in cooperatives already formed, in parallel with their current onboarding of members onto myCoop under the existing Norges Vel sponsored rollout.
3. Publish an article on the Digital Savings Group Hub website related to the benefits and learnings of this initiative