Cherehani leverages technology to provide credit bundled with market information and financial education to women micro-entrepreneurs.
Business Model:
Revenue: $0
Employees: 11-50
Address:
City: Nairobi
State: Nairobi Area
Zip:
Country: Kenya
Cherehani Africa is transforming the micro finance market by leveraging proprietary technology to deploy capital at a 3X efficiency. The business model combines technology and human touch to provide credit to women micro-entrepreneurs in rural and underserved areas. The model is built on top of the proven micro-savings groups structures. 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.
Contact Phone:
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 4/2018 | Seed Round | 1 | $240k |
DFS Lab DFS Lab |
6/2017 | Grant | $0 |
Citi Foundation Levi Strauss &a; Co. Spring Accelerator United States African Development Foundation Citi Foundation Levi Strauss &a; Co. Spring Accelerator United States African Development Foundation |
6/2017 | Grant | 4 | $200k |
Citi Foundation Levi Strauss &a; Co. Spring Accelerator United States African Development Foundation Citi Foundation Levi Strauss &a; Co. Spring Accelerator United States African Development Foundation |
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