Akiza

Empowering Market Traders

Why Akiza

By leveraging advanced data analytics, machine learning, and a group-based savings model, Akiza enables market traders to save, track their financial activities, and build a reliable credit score. This process not only facilitates access to affordable loans with favorable terms but also empowers traders to grow their businesses and improve their financial literacy.

For financial institutions, Akiza's data-driven insights reduce loan default rates and open up new market opportunities.

Affordable Loans with Good Terms

By building a reliable credit score through consistent savings, traders can qualify for loans that are tailored to their financial capacity, ensuring sustainable growth without the pressure of high-interest debt

Easy Credit Score Building

By leveraging a group-based savings model, traders who may not have access to traditional banking systems can make regular contributions to their group’s fund, and these activities are tracked and reported in a way that financial institutions can recognize.

Financial Literacy Enhancing Decision-Making

Through targeted financial literacy training, traders learn how to manage their savings, budget effectively, and make sound investment choices. This improved financial acumen empowers traders to avoid debt traps, maximize their profits, and achieve long-term financial stability

Business Growth Through Capital Availability

With access to affordable loans, traders can invest in growing their businesses—whether that’s through purchasing stock, expanding their operations, or even diversifying into new markets. This capital availability directly contributes to business growth, job creation, and increased income for the traders.

Getting Started With Akiza

Market traders without groups join or form groups of 7. Within these groups, they make weekly savings, and after two months, become eligible for loans based on their savings.

For existing groups, we help keep accurate financial records, building trust with financial institutions.

Using data analytics and machine learning, we assess credit risk, helping traders get affordable loans and financial institutions reduce loan default rates while empowering traders.

Testimonials from Akiza Merchants

Before joining Akiza, I relied on shylocks and quick loan apps with high interest rates that nearly ruined my ‘Waru’ business. Thankfully, an Akiza agent showed me how to access affordable credit based on my savings. I joined group 68, started saving 500 shillings weekly, and within 3 months, I qualified for a loan. With that, I expanded my stall and now serve more customers.

Benjamin Mwangi Trader, Gachie

Request For More Information

Want to learn more about Akiza? Contact us for a consultation

Address

Delta Corner Annex, Ring Rd Westlands Ln
207 - 00606 Nairobi, Kenya

Email

[email protected]

Phone