Zowasel Creating Access to Working Capital and Market for Agribusinesses

Zowasel provides access to 24hours alternative working capital and market for agribusiness industry.

Our solution is at the convergence of tech, finance, and agriculture. Launched at the Founder Institute Lagos, we’re raising funds to create Africa’s first online commodity trading platform for grains and cash crops, we have built an alternative financial solution for growers and agribusinesses to grow their trade and improve their livelihoods.

The Founder Institute portfolio company uses blockchain to secure an end-to-end transparent pricing and AI to significantly speed up loan process under 24hrs at a reduced rates, against banks that takes months to process loans.

In return, Zowasel receives a commission of 5% for commodities sold on its platform and charges an interest rate of 5% on working capital loans disbursed.

StageStartup stage EST January 2017
SectorsAgribusiness, Financial services, Fintech
LocationLagos, Nigeria
MarketsNigeria
Customer modelC2C
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