Uzapoint Announces Strategic Partnership with Pezesha to provide Business Loans to its Merchants
Published 3 months ago
Empowering Small Businesses: Uzapoint Technologies Announces Strategic Partnership with Pezesha
We are delighted to share the exciting news of our recent collaboration with Pezesha, a prominent SME Financing Platform, aimed at transforming the financial landscape for micro and small businesses across Africa. At Uzapoint Technologies, we believe in fostering economic development and entrepreneurship, and this partnership is a significant step towards that vision.
Providing Access to Affordable Working Capital
Through this dynamic partnership, our merchants will now have seamless access to affordable working capital. This is made possible by integrating Pezesha APIs into the Uzapoint POS platform, allowing our merchants to navigate financial challenges with ease.
Addressing Challenges in the Kenyan Retail Sector
Research conducted by Financial Sector Deepening Kenya (FSD Kenya) has highlighted the challenges posed by high inflation and the growing low-income segment in the Kenyan retail sector. Our collaboration with Pezesha is strategically designed to address these challenges and offer practical solutions.
Financial Solutions for Retailers
Together with Pezesha, we aim to provide financial solutions and support to retailers, enabling them to offer affordable and quality products. Pezesha's expertise in financial inclusion aligns seamlessly with our commitment to empowering retailers, helping them access affordable working capital and navigate financial challenges amid inflation.
A Win-Win Partnership
This collaboration is a win-win for both Uzapoint merchants and Pezesha. Our Managing Director, Ivy Kariuki, expresses her enthusiasm about the partnership, stating that in joining forces with Pezesha our merchants now have seamless access to affordable working capital. This strategic move aligns with our commitment to fostering economic development and entrepreneurship in Kenya.
Digital Solutions for MSMEs
According to Daniel, Pezesha COO, "For businesses that make less than Ksh 5,000 per day, stockouts are a compulsory problem to solve. This partnership revolutionizes access to working capital to solve this nagging problem." Pezesha's innovative Working Capital solution becomes a valuable ally for Uzapoint merchants, helping them streamline their supply chain and foster sustained growth.
As we embark on this transformative journey, we remain steadfast in our goal of not only meeting but exceeding our merchants' expectations, addressing evolving needs, and championing the success of small businesses. Stay tuned for a future where possibilities are boundless, and business aspirations are realized.
We are committed to pioneering solutions that empower businesses, and our partnership with Pezesha exemplifies this commitment. Together, we look forward to creating a sustainable and customer-friendly retail environment, navigating the evolving economic landscape hand in hand with our valued merchants. Click here for more information on how to access the loan.
