FinProbity Solutions
Catalysing inclusive financial services and business models
We’re FinProbity Solutions, and we are here to help your organisation develop innovative and inclusive financial products, business models and policies. Since 2017, we have guided a number of valuable clients to achieve their unique inclusive financial services solutions and business goals. Using our proven end-to-end methods we’ll equip you and your organization with a plan to succeed. FinProbity Solutions works with highly qualified recognised experts to come up with complete solutions. We have an extensive network of strategists, product designers, trainers and researchers covering various financial services including inclusive insurance, micro-pensions, savings, credit and digital financial services... Contact us today.
Our Solutions & Services
Proven Results Across Different Markets
Free Introductory Consultation
Focus Areas
We unlock solutions in the following areas
Inclusive Insurance
We approached this area carefully, as it was our very first flagship thematic area. We believe that insurance if well designed and distributed it can serve as an effective risk financial service for many underserved and unserved market segments
Financial Inclusion Strategy
We use market systems approach to unlock appropriate market development interventions that can help in improving access and usage of inclusive financial services.
Long-term savings and investments
We strongly believe that people need to prepare for the retirement and old age. We provide technical assistance in the design and management of micropensions and bundling of microinsurance with long-term savings
Financial sector regulation and policy
Inclusive financial services inevitably require innovative products and distribution models that demand appropriate regulations and enhanced capacity of regulators and supervisors to regulate the innovations and protect consumers. We provide training and technical assistance to regulators and also assist in the drafting of supervisory manuals and toolkits
WHERE WE WORK
Our experts have a global footprint. As company we have footprint in 12 African countries. We continue to enlarge our footprint and outreach.
Meet Our Team
Lemmy Manje
Founder & Chief Executive Officer
Lemmy is an inclusive finance expert and has 20 years of professional experience in research, training and project management of financial inclusion projects with various international organisations.
Sarita Mohanty
Associate Director- Business Development
Sarita comes with more than a decades experience in the field of Life Insurance - Product Development and Management. She has worked on wide spectrum of both market linked and non-market linked plans such as savings, pension, micro-insurance and universal insurance schemes targeting the informal sector.
Faith Kobusingye Mugambwa
Senior Associate - Digital Financial Services
Faith is a Digital Financial Services (DFS) expert with over 18 years working experience the payments and financial services sector. She is well versed in Product development, Strategy formulation and implementation, Project management, Strategic marketing, and Retail banking. Faith’s experience includes working with both private sector and government agencies to implement different viable inclusive payment ecosystems and value propositions. She has worked in various countries across East and Southern Africa.
Kim Chatterjee
Senior Associate - Human Centered Design
Kim is a Human Centered Design (HCD) expert with over 17 years' experience in human centred design and spanning multiple countries in Asia and East Africa. She is a nomadic user experience (UX) designer, behaviour change enthusiast, communicator, business analyst, problem solver, storyteller, facilitator, trainer, gofer, team nurturer and all-round optimist.
Bwalya Penza
Gender & Financial Inclusion Expert
Jeremiah Siage
Digital Financial Services Expert
Our Advisory Board
FinProbity Solutions has invaluable support and guidance from exceptional and results-driven leaders who have passion for our core business. Our advisory board members do not only have a wealth of expertise and knowledge, they are also eager to learn, open to new ideas and technologies and adaptable to the fast-changing and increasingly complex business environment.
Juliet Munro
Juliet is the Director-FSD Network Directorate, responsible for overseeing projects in credit, agricultural finance, housing finance and digital finance, among others. She has gained over 20 years’ international development and inclusive finance experience as a researcher, strategy developer and programme manager. Before joining FSD Africa she was Zambia Coordinator for FinMark Trust, a regional financial inclusion programme, during which she managed projects in insurance, financial capability and digital finance, and coordinated national financial inclusion surveys.
Titus Kalenga
Titus has over 45 years of professional experience in insurance and banking sectors. Titus worked for Zambia State Insurance Corporation (ZSIC) for 23 years and with Nico Insurance Zambia (part of Sanlam group of companies) for 19 years. Titus has served and continues serve on several company boards of directors including commercial banks, insurance and reinsurance companies. Titus also served as Secretary General of the Eastern and Southern African Insurers for 15 years.
Shipango Muteto
Shipango Muteto, a Zambian citizen and Insurance Executive, Practitioner/Manager and consultant, with over 34 years of hands on Insurance, Reinsurance, Risk Management and Marketing experience, in the Eastern & Southern African Insurance and Reinsurance Industry, with International exposure. A chartered Insurer with the Chartered Insurance Institute of the UK, Fellow of the Insurance Institute of Zambia, an Associate of the Zambia Institute of Marketing, a member of the Institution of Fire Engineers, who has over the years worked in various capacities both in the technical and management positions for a number of insurance companies.
Ayandev Saha
Ayandev has over a decade of design and implementation experience in pension, life, health and agriculture insurance scheme(s) across Afro - Asia region. He has led several World Bank, ADB and donor funded (e.g., USAID, UKAID, IFAD) projects and advised governments, regulators, associations and insurers on social security schemes, regulations and strategies for building mass markets. He has worked extensively in areas of product development, relationship management and facilitating tie-ups with partners and donors to provide insurance and pension solutions to the low-income households. Ayandev has served as the Strategic Advisor - Financial Sector Development Directorate in the Ministry of Finance and Economic Planning, Government of Rwanda.
Our Valued Partners
Delivering holistic solutions through partnerships
Our Valued Clients
Worked with such delight and provided value to:
Testimonials
After approximately 4 weeks of hard work with the intention of creating a microinsurance product that was appetizing, accessible and sustainable for the Mozambican market, I have to say that Fin Probity Solutions, exceeded what was our expectations and knowledge…
They work with the team in an open, spontaneous way, advise, give ideas, enter the minds of the clients so that each one to get the best of themselves.
Felicidade Mate | Sales Manager Assistant - Agents, Branches, Boarders & Bancassurance | Britam Mozambique
FinProbity Solutions is committed to sharing new ideas on how to do business differently and then go beyond by assisting insurers in turning these ideas into actions and impact in a client centric style. They work hard and are a great team; always ready to help overcome our challenges and enable us create the right experiences and business relationships to do so. It is so much fun working with FinProbity Solutions.
Ovia K. Tuhairwe | Deputy Managing Director, Radiant Insurance, Rwanda
KMD is privileged to work with FinProbity Solutions in abridging the gap between the insurance markets and the most vulnerable households through inclusive insurance solutions.
As an insurtech and startup, FinProbity Solutions was the confirmation we needed that we still can lead inclusive insurance through sound business models that promote human centered design and dynamic distribution. For MóvelCare, FinProbity Solutions opened us to a blue ocean of insurance.
Zahan Dastur | CEO | K.M. Dastur & Company, London, United Kingdom
Taunda Chare | Founder/CEO | MóvelCare Mozambique
The training workshop on the inclusive insurance business case conducted by FinProbity Solutions was an excellent learning opportunity...this capacity building initiative has generated genuine interest in inclusive insurance...this is first time this is happening in Mozambique.
FSDMoç is very pleased to have worked with FinProbity Solutions during the implementation of the Roadmap for Microinsurance Development in Mozambique. The consultancy company has proved to be the ideal implementer for its experience in the African markets and in working with financial service providers to deliver client centric solutions. Though its technical assistance, industry participants were trained and participated in a design sprint that is now shaping the development of the microinsurance landscape in Mozambique.
Israel Muchena | Divisional Managing Director – Agricultural Insurance | Hollard Seguros Mozambique
Esselina Macome | CEO | FSD Mozambique
News
Latest developments
New interactive online course on inclusive insurance business modeling and product development
Coming soon - 2022
FinProbity Solutions in collaboration with AB Consultants launching a new online interactive course on inclusive insurance business modelling and product development. This course applies Human Centered Design (HCD) principles and techniques and combines online learning with practical field work by participants. The course is designed for professionals involved in inclusive insurance business development, product design, pricing, distribution and marketing. This is not just another course, it’s a real investment for any participating organisation as it generates real products and business models validated with consumer insights.
2022
FinProbity Solutions is delighted to be associated with ResilientME! – a game designed by AB Consultants to demystify risk management and insurance in a way that is fun and engaging. ResilientME! enables participants to appreciate the value proposition of insurance in personal risk management and how it works.
Contact Us
Contact us and find how our services can benefit your company.
Remera, Kigali, Rwanda
+250780959847 | +260977871427