AI powered financial advisor for rural India/or those new to financial literacy

Scenario: Lakshmi, a widow and mother of two in a remote village in Odisha, has always dreamed of starting a small dairy business to secure a better future for her children. However, she lacks formal education and is intimidated by the complexities of financial products. Without access to financial literacy resources or tailored banking services, Lakshmi struggles to navigate the financial landscape and fears making decisions that could jeopardize her family’s future.

Student’s Challenge: Create an AI-powered financial empowerment platform designed specifically for rural women like Lakshmi. The platform should provide AI-driven personalized financial education, accessible in local languages, and tailored to varying levels of literacy. It should also offer micro-investment opportunities, AI-powered budgeting tools, and secure, easy-to-understand banking options. Additionally, the solution could include AI-driven mentorship and community support features that connect users with successful female entrepreneurs and financial advisors, fostering a culture of financial independence and confidence.