NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Friday, May 13, 2016

Airtel has partnered with Fidelity Bank and Tiaxa, a global leader in Nano credits to launch Airtel Money Bosea – a Nano loan scheme that provides access to financial services enabling customers to borrow money instantly through their Airtel Money wallet anytime, anywhere.

The game-changing partnership, which seeks to provide small loans to all Ghanaians, both in and outside the banking system is set to open up the space in Mobile Commerce and fundamentally change the way Ghanaians interact with their Mobile wallets.

Speaking at the launch of the partnership, Rosy Fynn, Director of Marketing and Airtel Money at Airtel Ghana said, “Airtel Money Bosea is the first of its kind in this country developed to empower and enable access to credit facilities for Airtel Money customers anytime and anywhere. This product provides instant access to credit especially at those moments when you need a quick facility to settle a bill or to make a purchase.

For instance, you are at the payment counter at the shopping mall or at the restaurant and your bill exceeds the funds you have on you, all you need to do is dial *500#, select the 9th item on the drop down menu and follow the instructions to access Airtel Money Bosea”.