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Due to the long chain of middlemen between the food producers & informal processors & retailers, the food producers do not get adequate value for the goods cultivated & the offtakers on the other hand experience challenges around inconsistent inventory supply. Moreso, with majority of transactions being cash based, the users are largely unbanked/underbanked hence cannot access financial services like credit & insurance. Solving this, we built a mobile app that allow the processors/retailers order inventory directly from the food producers this we attached to an algorithm that builds a credit score based off their transactions which would allow them access credit and insurance from partner organizations.
Sectors | Agritech, Fintech, Transport and logistics |
Location | Lagos, Nigeria |
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