OPTIX Impact Videos
"Change is a very difficult thing to do. Change is hard" - Evelyn Stark, MetLife Foundation
Financial institutions really trod a different path when they first extended microcredit and microfinance. But over time, their base of customers evolved. We moved into a world of hyper digitization. However, several financial institutions found it difficult, impossible even, to keep up with the changes.
We knew the day we started the OPTIX project that it would be a long and challenging road ahead, as we had ambitioned ourselves to work with financial institutions in four different countries- SAJIDA Foundation in Bangladesh, Banco W in Colombia, Acreimex in Mexico, and CEP in Vietnam. Little had we realized that the result would far exceed what we could have ever imagined and that we would be able to make a real difference to the financial health of their customers.
Three years hence, we have successfully helped these brick-and-mortar financial institutions to improve their financial product portfolios to serve their customer needs and also helped them to streamline their internal processes. After developing 20 pathways towards better financial health, 12 digital tools, 8 product combinations, 4 Fintech partnerships, 119 staff trainings and crunching over 220 gigabytes of data, together, we have been able to reach over 1 million people on low incomes in these four countries.
As these financial institutions continue their journey to meet the needs of their evolving customers, we hope that we have set them on the right path, and they continue to grow stronger. Watch this video to learn more about the OPTIX Project, co-designed by BFA, and MetLife Foundation.
Meet Mrs. Liza Khanam, who shows how she is using a loan repayment app and term deposit through SAJIDA to not just grow her business, but transform herself… Read more
OPTIX helped Banco W with staff training and facilitated a partnership with a fintech to help connect them more directly with their customers… Read more
The Quant Guy walks us through the everyday struggles financial institutions go through as they try to transform and keep pace with change of their customers’ lives brought about by digitized world… Read more
SAJIDA worked with BFA to embrace data-driven decision making and the digitization of key parts of its operations in ways that made it easier for their customers to do business with them… Read more
OPTIX Demo Gallery
A smartphone app created in partnership with OPTIX is transforming SAJIDA Foundation’s microenterprise loan onboarding process by providing a more efficient and standardized system… Read more
One of the ACREIMEX’s products is a group credit loan that has played a pivotal role in its success. However, OPTIX found that the product could have been an even greater success for ACREIMEX if it could only cut loan approval times… Read more