Oct 18, 2024 | Articles, Kaelo Money
John Smith experiences an emergency and borrows R1000 from a loan shark as he has no other choice. At the end of the month, John is told he now owes the loans shark R2000. He realizes that he does not have the funds to repay this R2000 and as such now owes the loan...
Dec 13, 2023 | Articles, Kaelo Money
A number of economic studies have exhibited a cyclical link between financial stress and mental health problems Financial difficulties lead to mental health problems, associated with these are increased levels of absenteeism, presenteeism and staff turnover. As a...
Dec 12, 2023 | Articles, Kaelo Money
At the click of a button, employees can access a Financial Wellness tab with multiple tools to assist with their financial health and wellness. Included in this is a personalised financial coach, that can assist with budgeting, debt counselling as well as further...
Dec 12, 2023 | Articles, Kaelo Money
What is smart vouchering? It is a solution which allows the employer to distribute employee gifts and prizes, pay once-off bonuses and make any “out of payroll cycle” immediate payments to employees. This can be facilitated via an SMS Cash voucher or a Direct Bank...
Dec 11, 2023 | Articles, Kaelo Money
Providing Access to the underserved The two key pillars within Kaelo Money are providing access, specifically to the underserved and most at-risk employees, as well as driving financial wellness and financial education to these employees. Through multiple economic...
