SmartPesa powers SME business partnerships, extending beyond simple payment services to facilitate instant cashflow backed loans. Whether it is a short term bridging loans to fund payroll or a longer term loan to allow for expansion, SmartPesa Credible covers credit risk decision making, loan offering and repayment services in an integrated package.
It’s as easy as 1-2-3:
Making loans simple, intelligent, instant and low cost not only generates significant interest income, it also improves customer experiences and increases stickiness. Why would an SME apply for a loan from anywhere else?
Information and transactions captured by SmartPesa intelligent gateway are accurate and most importantly reflect actual cash flows. Credit risk models have high degrees of reliability given the breadth of reliable data
Analyzing the vast dataset of our information reveals relevant patterns of business behaviour – from activity and usage, through to popular days and seasonality across industries, and consumer spend trends.
SmartPesa platform gives greater insights into the business stability, cashflows, customer loyalty and repeat visits, across all payment channels from cards to QR and cash transactions.
Adjust business processes to match merchants from settlement through to support
Package pre-approved loans to businesses that have already passed credit checks.
Loans are repaid without business owners lifting a finger - they just transact as the do every day
Monitor trends in changing consumer behaviour in spend, mode and geography (heatmaps).
Create loyalty programs to grain greater stickiness by targeting these to specific merchant groups.
Gain valuable insights on the merchant and customer experience during the checkout process
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.
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.