Financial Literacy for Refugees (FINARA)

Financial planning app for refugees

SDG Category:

No Poverty

Project Type: 

Chatbot, App development

Can AI Empower Refugees Financially?

This was the challenge the FINARA team set out to solve. Their AI-powered financial literacy tool is designed to equip refugees with the skills and knowledge they need to achieve financial stability.

 

What It Does:

  • Personalizes financial education using machine learning algorithms, adapting to each user’s unique needs.
  • Provides interactive budgeting tools with real-time feedback and recommendations.
  • Guides refugees on financial planning, savings, and investment strategies.

 

Why It’s Amazing:

FINARA enhances financial literacy, reduces stress, and promotes financial inclusion, empowering refugees to make informed financial decisions and secure a better future.

 

Check out their idea here!

https://drive.google.com/file/d/1Z3HJUyzgajilXcZXvXunkt-S3To4tl9O/view?usp=sharing

How can this project be taken to the next level?

  • Advanced Wearable Integration
    Partner with wearable tech companies to integrate devices like smartwatches or fitness bands for detailed tracking of metrics such as heart rate, movement, and recovery.
  • Virtual Reality Training
    Incorporate VR technology for immersive simulations, allowing athletes to practice game scenarios or refine skills in a virtual environment.
  • Nutrition and Recovery Guidance
    Add features that provide personalized nutrition advice and recovery plans to support holistic athletic development.