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We started as a small project in 2006 by a team of three students at the University of Tokyo who shared a common desire to make real changes to the world outside of labs and classrooms.The name First Access indicates our primary aim to bring a First Access to electricity for disadvantaged African children living in rural and remote areas where national electrical grids or humanitarian agencies have not yet reached - or may never reach in any near future.Since our establishment, we have delivered over 1,000 solar lanterns to children in junior schools, daycare centres and orphanages in Uganda, Kenya, Sierra Leone, and other African countries.
First Access provides a credit scoring solution for microfinance institutions and other emerging market lenders using data from consumers’ prepaid mobile phone history to assess applicant creditworthiness.
Instant risk-scoring tool for financial institutions serving low-income customers by using analytic, algorithms
The company levy charge of $1.25 per transactions from lenders, to cover cost of data that is bought from carriers.
Retail commercial banks
Business payment platforms
The platform enables lenders to “go digital” with easy credit appraisal tools, it also offers sophisticated data analytics on credit risk, staff performance, and operations over time. It allows financial institutions to adopt Data Best Practices.
The company has covered 50 billion transactions and data points till now(Nov 2017).
First Access platform is now live for select financial institutions. This will be extended to other regions early next year(Nov 2017).
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