KATHMANDU: Khalti, a home-grown financial technology start-up in Nepal, has won Fintech Innovation Fund (FIF) from the United Nations.
The fund was jointly launched by the United Nations Capital Development Fund and the United Nations Economic and Social Commission for Asia and the Pacific earlier this year. Along with Khalti, a total of 10 companies from across Asia-Pacific region have won the innovation fund, as per a press statement.
After being announced the winner for the Fintech Innovation Fund, Khalti is rolling out a special project within July.
The project will support women-led micro, small, and medium-sized enterprises (MSMEs) in 12 different districts across the nation, from Sankhuwasabha in the east to Darchula in the west. Women involved in dhaka weaving to allo processing and weaving to food processing will be supported as part of this project.
With this project, Khalti aims to solve gaps between production and sales of goods produced by 3,500 women involved in MSMEs in Nepal.
A version of this article appears in print on July 05, 2019 of The Himalayan Times.