Where did My Money Go?
The first creation of the ONOW Lab is released!
The “kyat” is Myanmar’s currency. Our new mobile app, “Kyat Manager”, is the first Myanmar-language small business financial management app. It helps entrepreneurs record transactions and really understand their financial position. The data we collect and the innovative way we use it allows small businesses to make informed and proactive decisions for business success. They can respond to and avoid the shocks that can ruin a business and throw a family into poverty.
ONOW recently presented Kyat Manager at the “Harnessing the Data Revolution for Resilience” Summit. Experts on data collection and international development from around Southeast Asia discussed how collecting and analyzing data in the new age of connectivity can help build resilience in poor and vulnerable populations.
From 75 submissions, Kyat Manager was one of 10 finalists chosen in two categories. We didn’t win 🙁 but we were a Top 5 finalist in the Early Stage Innovations category! Besides a cool Finalist trophy, the real reward is seeing our work making a tangible impact on poverty through financial literacy.