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October 11, 2017 06:30 am GMT
Jumia, the dominant e-commerce company in sub-Saharan Africa, is expanding the small business loan program it launched earlier this year into every country where the company operates. Working with the San Francisco-based lender Branch, Jumia began offering start-up loan for small businesses in May. The loans were pegged to vendors sales history with Jumia and projections for the future… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/8inomctWIlY/
Jumia expands its lending program for small businesses across Africa
Jumia, the dominant e-commerce company in sub-Saharan Africa, is expanding the small business loan program it launched earlier this year into every country where the company operates. Working with the San Francisco-based lender Branch, Jumia began offering start-up loan for small businesses in May. The loans were pegged to vendors sales history with Jumia and projections for the future… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/8inomctWIlY/
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