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Little now set to launch mobile sacco for its 4,000 drivers

Mr Kamal Budhabhati, Craft Silicon chief executive. PHOTO | FILE

Little now set to launch mobile sacco for its 4,000 drivers

IN SUMMARY

  • Little Cab will cover the firm’s more than 4,000 drivers under a Sacco called Little Sacco.
  • Craft Silicon CEO Kamal Budhabhatti on Wednesday said this would be the first virtual Sacco in the country.
  • Mr Budhabhatti said their drivers are a key pillar of the business, the reason they want to provide them with good working environment.

The management of Safaricom-backed taxi hailing app Little is set to launch a mobile-based Savings and Credit Co-operative Society (Sacco) for its drivers.

Little, an app created in partnership with a local financial technology company (Fintech) Craft Silicon, will cover the firm’s more than 4,000 drivers under a Sacco called Little Sacco.

Craft Silicon chief executive Kamal Budhabhatti on Wednesday said this would be the first virtual Sacco in the country.

“The Sacco is already registered. We are now figuring out when to launch it. The Sacco will be operated entirely on mobile phone, and drivers will be able to do everything on the mobile,” said Mr Budhabhatti.

The telecommunications firm and Craft Silicon launched Little in July last year:READ MORE

Source: http://www.businessdailyafrica.com/

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