Floosna

by
Banking and Finance Business Oman

Idea Description

Floosna is a fintech app designed to address the financial challenges faced by Higher Education students, including tuition fees, limited income, unexpected expenses, and a lack of financial literacy. The app provides tailored financial solutions such as P2P lending, crowdfunding, and micro-financing, with a strong focus on chit funding. This community-based savings and borrowing system allows students to pool resources and access funds when needed, while also fostering disciplined saving habits. Floosna further supports students through educational resources available in Arabic and English, as well as expert consultancy for personalized financial planning, helping them achieve greater financial stability.

Challenges The Idea is Addressing

Financial challenges that higher education students face

Benefits of Idea Implementation

Implementing the Floosna app provides financial empowerment for students through tailored solutions that enhance literacy and accessibility to resources like P2P lending and chit funding. It fosters community support, offers personalized insights using data analytics, and addresses challenges such as tuition costs and unexpected expenses, ultimately promoting greater financial stability in higher education.

Team Members

No record found!

Resources

Resources

172753335525IMG_1983.jpeg

Last Update:- 28 September 2024

Download
Resources

172753335525Floosna app ppt.pdf

Last Update:- 28 September 2024

Download

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