UNLOCKING LENDERS' OPPORTUNITIES

Businesses are the lifeline of an economy. The success of businesses, or lack of it thereof, has a direct correlation to the quality of livelihoods. The more businesses grow, the more people they employ and hence the more people will afford to support their lives' needs. Growth in businesses again will translate to more taxes which would ideally translate to the ability of government providing basic amenities and infrastructure to the wider public.

It follows therefore that the next very critical pillar for the growth of the economy is the provision of Capital that would make those businesses grow. We can thus derive a direct correlation between availability of credit to success of businesses. Individuals too rely a lot on availability of Credit to grow their lives, access basics like food, education, housing, better lifestyles; address emergencies etc. Access to credit therefore can not be over-emphasized. Yet it remains one of the riskiest businesses to do, due to the obvious exposure/probability of non-payment and other associated costs.

At #SasaPay therefore, we have identified supporting LENDERS to be able to deploy capital to businesses as an important role we shall play in improving livelihoods of people; in line with our purpose of Unlocking Opportunities for Individuals and Businesses through Seamless & Secure Financial Solutions.

We believe that if we make it seamless for Lenders to deploy more capital securely and profitably we shall have played our part in poverty reduction, improvement of quality of lives, access to basics like food, education, health, wealth creation etc.

Its with this in mind we have deliberately put together an exclusive offering to LENDERS that will enable them perform this critical function in our lives through a well thought-out win-win partnership between the lender and the business they are lending to. Below is how we have structured our lending proposition:

1. Disburse Loans in your 'own' account. Through our Wallet-As-A-Service solution, we shall enable lenders to disburse loans in their own accounts. Assume your lending firm is called KOPA Credit, instead of customers being sent their loans in 3rd party channels, they will receive a notification "Dear Customer, your KOPA account has been credited with Kes 100000. Dial *xyz# to transact. We shall also give the lenders a FREE App for this.

2. 100% Waiver on Disbursement fees. Yes, it will cost you zero to disburse the loans. If you have been processing 100,000 loans a month and it costs you Kes 20 per transaction to disburse the loans, Sasapay shall be saving you Kes 2M bob a month.

3. Earn transaction fees when your customers transact. Yes, we are not only saving ALL disbursement costs, but also sharing with you revenue when your customers transact hence you now start earning Non-Funded Income. So if your 100,000 monthly customers did 5 transactions each and it earned you 2 shillings each, Sasapay is injecting a million bob shillings in your business every month!

The net impact of disbursement costs saved and NFI earned for the use case above is a whooping Kes 3M positive impact on the bottomline.

4. Auto-Collect Repayments from the Business Wallets. Definitely Collections is the Core of lending. The businesses you fund shall be issued with Sasapay Till which they shall use for their day to day collections. When the loan repayment is due, it shall be auto-debited from their collections. This gives the lender ability to deploy even more capital, the business grows further...Win Win for the lender and the business.

5. Pre-Approve Customers For Loans based on Data and other Securities available: Yes, because you now have control of the disbursement and the collection channel, you can lend more through pre-approvals so that the clients will just consume the limits assigned when needed without having to apply all the time, hence increasing usage.

Eg Assume you have a log book loan with KOPA Credit whose tenure is 5 years. Now that they have the security, KOPA can pre-approve you for a smaller loan payable in days to fix your emergencies. Unlocking opportunities for both the borrower and the lender.

6. Purpose-Oriented Loans: The lender can chose to fund the business for specific things and the fund can be channeled directly to that need instead of deploying the money and risk it being diverted elsewhere.

We have completely revamped our business model for LENDERS to empower them change the world. We want to partner with you and become the Growth enablers in the lending ecosystem. We want to see you all WIN & GROW! We want to work with you in removing all the barriers.

Does this speak to you? Want to unlock opportunities with us? [email protected]