Grassroot

With Grassroots Banking, field officers of Agfin MFI were able to deepen their proposition to small scale retailers and micro-entrepreneurs in the South-West of Nigeria beyond the usual collections of cash savings. They were able to add discounted purchases of digital services as well as business expansion loans to their back of tricks.

Releaf is industrializing food processing for smallholder farmers in Africa. A challenge with sourcing tonnes of produce from thousands of farmers is the inefficiency of cash handling in order to pay them. Grassroots Banking provided APIs that made it possible to issue accounts to the farmers and eliminate all cash handling while making access to credit lines and savings plans a value added benefits for farmers.

Vesicash owns a patented escrow infrastructure focused at catalysing the digital economy in developing markets by creating the requisite environment for safe and accountable transactions. Essentially, Veiscash seeks to manage the trust deficit between buyers and sellers by introducing an escrow mechanism whereby buyers make payment to sellers through Vesicash, who transparently lets the sellers know that money has been received but holds the money in escrow till the goods or service has been delivered satisfactorily.