A country shaped like the letter "S", Vietnam is a leading agricultural exporter in the globe ranking 47th in GDP. With over 90% of enterprises fall under the SME category, Vietnam has a strong growth potential due to the young and increasingly affluent population. As banks start to adapt and partner with fintech companies, SMEs particularly the farmers are at a disadvantage.
With the support of Business Initiative Mekong of the Asian Development Bank and the Government of Australia, Kiu Vietnam (the first among 7 countries where Kiu operates) developed Kiu Business Management Platform (BMP) that is specifically built with farmers, home-based businesses and SMEs in mind to simplify everyday business transactions. Kiu enables SMEs to increase transparency and efficiency in managing their businesses to reduce risks for banks and other financial institutions for easier access to credit and increase financial inclusion.