Leveraging AI-driven alternative data to assess rural and underserved customers, unlocking access to insurance and financing.
Cherehani Africa is transforming the microfinance market by leveraging proprietary technology to deploy capital at a 3x efficiency. Its business model is to combine technology with a human approach, providing credit to women micro-entrepreneurs in rural and underserved markets. The model is built on top of a proven micro-savings groups structures, enabling young women to immerse themselves and succeed in the new economy. Cherehani also provides market information and financial education to its customers. The suite of information is disseminated via a proprietary web based platform and augmented by in-person field visits. With over 13,000 customers on its platform, the inherent peer-to-peer pressure among members drives loan repayment, and is key to building a robust business ecosystem of skilled and financially sound micro-enterprises.
Notable Achievements
- Have delivered financial products and services for 16.5k+ women and adolescent girls in rural areas
- Over 50% of their customers earn between $101-$150 USD monthly, an average gain in monthly income by
- Built their own CRM tailored to the realities and informal networks of women in Africa to assess the
Currently Operating in One Region
Work at Cherehani Africa
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