Finbit

L-IFT's new self-diaries application for users & Organization

What FINBIT Offers

The app’s focuses on tracking livelihood and financial aspects of people’s lives, and can be expanded to track other in-depth livelihood aspects such as details on business/agricultural training, inputs, yields, diseases etc., that impact on the livelihood and finances

Monitoring/Evaluation

Tracking how the implementation of a programme is progressing at ‘beneficial or target group’ level, where which numbers are achieved, what attendance of which courses, how many people are attending group meetings, etc

Impact measurement

Tracking how your clients’ lives improve (or not) as the programme gets implemented (ongoing) and beyond implementation(ideally compared to a control group that does not receive the programme but is otherwise comparable)

Product development and product testing

In a participatory way, the self-diaries can help you to receive suggestions for new products or services, discuss product design and track how people are using the new products during the test phase

Who We are

L-IFT [Low-Income Financial Transformation] is a social enterprise that works in diaries research, in which it has gained a solid record of accomplishments and reliable profile since inception. L-IFT has developed a self-diaries android-based application – FINBIT, which enables individuals to report their financial and livelihood data. The app serves individuals to track their incomes, expenditure, savings, and loans, whilst equipping them to record their data.

Services

Fixed components are: Reporting on Income, Expenditure, Saving and Loans. While in the Results users can see their results in different ‘table & graph’ formats for each of the reported components