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Finance
Lark Is Helping Grameen Nippon Create a Poverty-Free Japan
In order to keep operating costs low and collaborate effectively with teams across the country, Grameen Nippon needed a solution that could be rolled out quickly and efficiently and at the same time not cost an arm and a leg.
Masahiro Momono
CEO
"Thanks to Lark, the communication speed of the team was greatly improved. Moving forward, we see ourselves utilizing Lark in a much broader scope across the organization."
Company Profile
Grameen Nippon was established in 2018 as the Japanese version of Grameen Bank, a microfinance institution established in Bangladesh by Dr. Muhammad Yunus, whose work was awarded the Nobel Peace Prize in 2006. Grameen Nippon leverages Grameen Bank’s expertise to provide microfinance, mainly to single mothers and women in informal labor who are in need, and to create employment and new business opportunities in partnership with various companies and organizations. The main goal is to encourage people to take the first step.
Industry
Finance
Company Size
100+
Location
Japan
The Challenge
Since its inception in 2018, Grameen Nippon has been growing at a rapid pace, creating the need for a proper all-in-one collaboration platform that would help to unify key business functions.
The system that the company was using at the time, Cybozu, was unable to meet Grameen Nippon’s demands and a new platform that could be implemented with as little down time as possible was needed.
The realities of COVID-19 also impacted the organization, putting a greater emphasis on online communication, especially video conferencing.
There was also a greater need to facilitate the transfer and management of important documents.
The Lark Advantage
Lark helped to unify Grameen Nippon’s various teams onto a single unified platform for more efficient communication.
Lark’s cost-effective business model allowed Grameen Nippon to scale the platform quickly across the business.
Lark’s Video Conferencing allowed the various Grameen center managers to hold meetings with stakeholders, especially from key target groups like single mothers.
Through the use of Lark Docs, the organization and its partners are able to track and manage the massive amount of documentation and paperwork that a national microlending initiative requires.
The Result
Significant ICT cost savings as all the tools needed were bundled in one package
Better communication between different teams
Lark has become an integral pipeline in communicating with microfinance beneficiaries
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