Our Murabaha microloans help borrowers buy necessary materials for their farms, animals and small businesses.
Borrowers can choose to repay their loans on a daily, weekly or monthly basis. If requested, repayment can start after 60 days of receiving the loan.
We do not make cash loans but fund purchases of materials for farms, animals or business. Payment is made directly to the vendor through Mobile money.
While evaluating an application for a loan we build a credit score for each borrower by considering several factors such as assets, mobile money usage, income streams, social status, guarantor etc.
Unlike banks our target is to process every application within 48 hours. If approved payment is made to the vendor immediately using local mobile payments.
Our investors come from all continents from more than 50 countries