We are a mobile money financial intermediary focusing on enhancing commercial credit for small businesses in Africa. These businesses are excluded or discouraged by traditional banks because of prohibitive collateral requirements and lengthy approval processes. Our initial target market is Kenya.
We seek to exploit the untapped opportunities in this market in two key segments:
Short-term Loans - (i) wholesale microcredit for self-help groups; (ii) business loans for MSME; (iii) personal loans for salaried workers and traders.
Working Capital - (i) invoice discounting for MSME; (ii) trade finance for MSME; and (iii) inventory loans for MSME.
