Jumo World Limited

Certified B Corporation
Headquarters

Port Louis, Mauritius

Certified Since

September 2022

Industry

Other financial services

Sector

Service with Minor Environmental Footprint

Operates In

Cote D'Ivoire (Ivory Coast),

Ghana,

India,

Kenya,

Mauritius,

Pakistan,

Portugal,

Singapore,

South Africa,

Tanzania,

Uganda,

United Kingdom,

Zambia

JUMO was founded in 2015 and is the market leading Banking as a Service platform that uses AI to power financial services in emerging markets. JUMO offers savings and credit products to entrepreneurs in emerging markets, as well as financial services infrastructure to partners such as eMoney operators, mobile fintech platforms and banks. The platform has two foundational capabilities: · Core – which provides end-to-end, next generation banking infrastructure and · Unify – the Artificial Intelligence processor that transforms data to reduce the cost and risk of lending. In just over five years of operation, JUMO has enabled the disbursement of more than US$4 billion in loans and reached over 19 million customers and small businesses. They are active in six markets including Ghana, Tanzania, Kenya, Uganda, Zambia and Côte d’Ivoire.

Overall B Impact Score

Based on the B Impact assessment, Jumo World Limited earned an overall score of 128.6. The median score for ordinary businesses who complete the assessment is currently 50.9.
128.6
128.6 Overall B Impact Score
80 Qualifies for B Corp Certification
50.9 Median Score for Ordinary Businesses

Governance 14.6

The Governance Impact Area evaluates a company's overall mission, engagement around its social and environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.

Mission & Engagement3.9
Ethics & Transparency8.2
+ Mission Locked2.5

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.


Workers 27.1

The Workers Impact Area evaluates a company's contributions to its employees' financial security, health and safety, wellness, career development, as well as overall engagement and satisfaction. In addition, this section recognizes business models designed to benefit workers, such as companies that are at least 40% owned by non-executive employees and those that have workforce development programs to support individuals with barriers to employment.

Financial Security5.0
Health, Wellness, & Safety0.8
Career Development6.3
Engagement & Satisfaction7.2

Community 11.7

The Community Impact Area evaluates a company's engagement with and impact on the communities in which it operates, hires from, and sources from. Topics include diversity, equity, and inclusion; economic impact; civic engagement; charitable giving; and supply chain management. In addition, this section recognizes business models that are designed to address specific community-oriented problems, such as poverty alleviation through fair trade sourcing or distribution via microenterprises, producer cooperative models, locally focused economic development, and formal charitable giving commitments.

Diversity, Equity, & Inclusion5.8
Economic Impact1.3
Civic Engagement & Giving3.2
Supply Chain Management0.3

Environment 7.6

The Environment Impact Area evaluates a company's overall environmental management practices as well as its impact on the air, climate, water, land, and biodiversity. This includes the direct impact of a company's operations and, when applicable, its supply chain and distribution channels. This section also recognizes companies with environmentally innovative production processes and those that sell products or services that have a positive environmental impact. Some examples might include products and services that create renewable energy, reduce consumption or waste, conserve land or wildlife, provide less toxic alternatives to the market, or educate people about environmental problems.

Environmental Management1.0
Air & Climate2.5
Water1.2
Land & Life2.7

Customers 67.3

The Customers Impact Area evaluates a company's stewardship of its customers through the quality of its products and services, ethical marketing, data privacy and security, and feedback channels. In addition, this section recognizes products or services that are designed to address a particular social problem for or through its customers, such as health or educational products, arts and media products, serving underserved customers or clients, and services that improve the social impact of other businesses or organizations.

Customer Stewardship4.0
+ Economic Empowerment for the Underserved25.1
+ Serving Underserved Populations (Direct)38.2

What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.



Previous Overall B Impact Scores

2022 Overall B Impact Score128.6

Additional Documentation

Jumo World Limited Transparent Disclosure Report 2022


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