Built to Empower Intelligent Small Business Lending in Growth Markets

The Challenge

In growth market, small businesses should be the engine of growth, for jobs and local wealth. Yet, scant capital is available to fuel their growth because of perceived risks, complexity in underwriting and insufficient collaterals.

Local banks are conservative and slow to approve. SACCOs, fintechs, and MFIs provide short-term loans with steep interest rates that are not suitable for use as growth capital.

Many of these businesses never achieve their potential to grow to strengthen their local economy.

The Solution

WemaWare™ is a SaaS-based platform that is designed to enable local lenders to on lend to small businesses successfully and profitably. It is the one-stop-shop for small business lending.

Benefits of WemaWare™

  • Cloud-based subscription service. Eliminate tech complexity and maintenance headaches.
  • All-inclusive end-to-end lending platform, from loan application through maturity.
  • Efficient and robust underwriting workflow. Shorten elapsed time, consistency in evaluation processes, and reduced exposure to risks.
  • Comprehensive set of analysis and reports for each borrower and the full portfolio. Detect potential issues in time for corrective actions.
  • Flexible configuration of loan products and collateral requirements. Meet small business’ needs.
  • Future-proof with state-of-the technology. Evolve with new capabilities such as APIs to banks, public sector bureaus, digital payment systems, and other ancillary services.