Moove's first Impact Report
Published:
We are proud to present Moove's first Impact Report, showcasing Moove's Environmental, Social, Governance and Impact performance for the 12-month period ending December 31st, 2022. Starting in Nigeria in 2020, Moove operated across 6 cities in Africa and 5 cities across the Middle East, Europe and Asia.
Moove is a mission-led company founded to democratise access to financial services for mobility entrepreneurs. Our mission is to empower every mobility entrepreneur financially by welcoming them into the global financial system through our credit-scoring products and fintech platform. We do this by embedding our alternative credit scoring technology onto ride-hailing, logistics, mass transit, and instant delivery platforms using proprietary performance and revenue analytics to underwrite customers that have previously been excluded from financial services.
"It is important to recognise that behind every data point and dashboard, there are real people whose lives are affected by our decisions."
Moove's Co-founders Jide Odunsi & Ladi Delano.
The 4 key areas where Moove has reported a fundamental impact are Financial Inclusion, Gender Equality, access to Life and Health Insurance & Environmental Impact. Parallel to these we have identified the following 5 UN Sustainable Development Goals (SDG) as those we have the most potential
to contribute:
- SDG 1: No Poverty
- SDG 5: Gender Equality
- SDG 8: Decent Work and Economic Growth
- SDG 11: Reduced Inequalities
- SDG 13: Climate Action.
In 2023, Moove will roll out its Impact Framework and officially sign up to the UN SDGs to demonstrate our contribution.
“When I look back [before Moove] I could not see myself living beyond 2020 because if you have no income you have nothing…Now, I have an affordable car, I am using it to make income and I started seeing my lifestyle change!”
Jacqui Monyemoratho, Moove Customer, South Africa.
In 2022 Moove collectively:
- Created close to 9,000 jobs for our customers.
- Impacted approx. 35,000 lives.
- Performed over 4,300 hours of customer training.
- Purchased over 2,700 CNG and Electric Vehicles.
Moove continues to roll out its revenue-based financing model globally to serve the millions of mobility entrepreneurs in markets around the world who have limited or no access to financial services. By the end of 2023, we plan to expand our vehicle financing and Moove App Suite into two new regions, South East Asia and Latin America, through new marketplace partnerships.
Download Moove's Impact report here
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