FinGen - Money Genius Group

OFFICIAL STATEMENT
On the Launch and Rapid Uptake of the Imisepela Youth Financing Platform

FINGEN Money Genius Group has noted with interest the rapid uptake of the Imisepela App, which has reportedly recorded significant user registrations within days of its launch. This development reflects both the strong demand among young people for economic opportunities and the Government’s continued efforts to expand digital platforms that connect citizens to development programmes.

FINGEN commends the Government of the Republic of Zambia and the Smart Zambia Institute for advancing digital innovation aimed at improving access to financing and opportunity for young people. Initiatives of this nature demonstrate the growing role of technology in broadening participation in the economy and creating pathways for youth engagement in national development.

Young people across the country are encouraged to explore and engage with the opportunities presented through the Imisepela platform. Digital systems that expand access to funding and enterprise support can play an important role in unlocking youth potential when used responsibly and productively.

FINGEN is currently studying the opportunities presented by this platform and exploring how it can support its wider adoption and successful implementation. In particular, FINGEN is examining how its nationwide network of Financial Counsellors and Trade Counsellors, together with emerging digital tools such as AI-enabled registration agents, may contribute to strengthening awareness, responsible participation, and effective utilisation of the opportunities being created.

Experience from many financing initiatives shows that when access to credit expands without sufficient financial discipline, enterprise preparation, and business education, young people can become vulnerable to delinquency and unsustainable debt. It is therefore essential that access to financing is accompanied by strong financial literacy, responsible borrowing practices, and enterprise development support.

FINGEN believes that by combining digital platforms with community-based guidance and structured financial education, Zambia can maximise the benefits of youth financing initiatives while safeguarding young people from avoidable financial distress.

The organisation looks forward to continued engagement with stakeholders to ensure that platforms such as Imisepela achieve their intended purpose of empowering young people, supporting entrepreneurship, and contributing meaningfully to inclusive economic growth.

Young people can learn more about the platform here:
https://play.google.com/store/apps/dev?id=9168505269500706741