Electronic payments provide valuable information on businesses credit worthiness. SmartPesa platform computes average, mean and deviations on daily, weekday, weekend and monthly transactions. Using these insights, we are able to create loan offers tailored to business owners.
Ability To Repay
Using big data to identify seasonality, business cycles, and merchant payment stability, SmartPesa assists in predicting the ability to repay loans. The rich data set allows us to tailor loans to a merchants specific needs and their ability to service the loans on time.
Provide a convenient credit line facility for merchants to accept loans, and repay these with easy from daily cashflows. SmartPesa enables the collection of loan repayments directly from the daily acquiring activity simplifying the repayment burden to business owners.