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We are an online short term working capital provider for micro, small and medium enterprises in the urban agricultural value chain. Our focus is on fruit vendors, groceries (mama mbogas), small fast food joints, cereals shops and other food vendors because we have an intimate understanding of their immediate financial needs.
We seek to empower urban agribusiness enterprises through financial technology because access to finance remains a critical bottleneck for them as far as working/investment capital, managing risk and productivity are concerned. By supporting these enterprises, we will be able to create a positive spiral effect on the farmer because 80% of food produced in rural areas gets consumed in urban places albeit in a disorganized market. At SokoHela, we believe in technology and touch as a solution to challenges faced by the urban agribusiness enterprises because we bundle our credit product with financial literacy training for growth.
We offer short term working capital to micro-enterprises so that they can be able to replenish their stocks on a daily basis
We are dedicated to enhancing financial literacy among micro, small and medium enterprises so that they can upscale their business operations.
We plan to aggregate urban agribusinesses with rural farmers to create an efficient marketplace where both can flourish.