Credit Where
Banks Won’t Go
Credit Where
Banks Won’t Go
Credit Where
Banks Won’t Go
Alaafia is providing growth-oriented microcredits for Nigeria’s 32 million nano-businesses that are locked out of formal credit.
Alaafia is providing growth-oriented microcredits for Nigeria’s 32 million nano-businesses that are locked out of formal credit.
Alaafia is providing growth-oriented microcredits for Nigeria’s 32 million nano-businesses that are locked out of formal credit.
Alaafia is providing growth-oriented microcredits for Nigeria’s 32 million nano-businesses that are locked out of formal credit.
Alaafia is Dedicated To the informal sector growth & Financial Inclusion
Alaafia is dedicated to the informal sector growth & financial inclusion.
Alaafia is Dedicated To the informal sector growth & Financial Inclusion
Alaafia blends social trust, psychosocial data, and technology to deliver fast, flexible microcredit through four simple steps:
Alaafia blends social trust, psychosocial data, and technology to deliver fast, flexible microcredit through four simple steps:
How Alaafia Works
How Alaafia Works
How Alaafia Works
1
1
1
Group Setup and Onboarding
Group Setup and Onboarding
Group Setup and Onboarding
With our Triple-Layer Trust (TLT) system; groups self-select members based on trust, market leaders validate, and MCPs verify and digitally onboard them.
2
2
2
Smart Verification
Smart Verification
Smart Verification
Geotagging, geofencing, and voice verification check identity instantly; edge cases go to human review.
Geotagging, geofencing, and voice verification check identity instantly; edge cases go to human review.
Geotagging, geofencing, and voice verification check identity instantly; edge cases go to human review.
3
3
3
Instant Assessment
Instant Assessment
Instant Assessment
Our credit engine evaluates risk using psychosocial + behavioral signals—no paperwork, no collateral.
Our credit engine evaluates risk using psychosocial + behavioral signals—no paperwork, no collateral.
Our credit engine evaluates risk using psychosocial + behavioral signals—no paperwork, no collateral.
4
4
4
Daily Repayment & Growth
Daily Repayment & Growth
Daily Repayment & Growth
Easy daily repayments fit real cash flow; good performance unlocks higher credit sizes.
Easy daily repayments fit real cash flow; good performance unlocks higher credit sizes.
Easy daily repayments fit real cash flow; good performance unlocks higher credit sizes.
The Results Speak for Themselves
The Results Speak for Themselves
The Results Speak for Themselves
$10,000+
$10,000+
$10,000+
disbursed in pilot
disbursed in pilot
disbursed in pilot
97%
97%
97%
on-time daily repayment
on-time daily repayment
on-time daily repayment
70+
70+
70+
active customers across Oyo State
active customers across Oyo State
active customers across Oyo State
2,000+
2,000+
2,000+
nano-businesses on our waitlist
nano-businesses on our waitlist
nano-businesses on our waitlist
0%
0%
0%
defaults
defaults
defaults
$7,000+
$7,000+
$7,000+
disbursed in pilot
disbursed in pilot
disbursed in pilot
The Reality
The Reality
Nigeria’s nano-businesses drive the local economy yet remain shut out of formal credit—pushed instead into 20–30% monthly interest loan shark debt. Alaafia restores access, dignity, and upward mobility with a fair, structured, and scalable alternative.
Nigeria’s nano-businesses drive the local economy yet remain shut out of formal credit—pushed instead into 20–30% monthly interest loan shark debt. Alaafia restores access, dignity, and upward mobility with a fair, structured, and scalable alternative.
Where We’re Headed
Where We’re Headed
Where We’re Headed
Starting with credit infrastructure for nano-businesses, we’re building the “development engine” for local wealth, unlocking prosperity where economic value already exists.
Group Purchasing
Insurance
Inventory
POS
Market Intelligence
What our Customers Have to Say
What our Customers Have to Say
It doesn't make somebody restless. Easy to pay back. It's good money because we could pay back unlike some others.”
Rosemary, Ibadan
It doesn't make somebody restless. Easy to pay back. It's good money because we could pay back unlike some others.”
Rosemary, Ibadan
It doesn't make somebody restless. Easy to pay back. It's good money because we could pay back unlike some others.”
Rosemary, Ibadan
It's a good money that covers one's shame. The interest is not much unlike others.”
Nathaniel, Ogbomoso
It's a good money that covers one's shame. The interest is not much unlike others.”
Nathaniel, Ogbomoso
It's a good money that covers one's shame. The interest is not much unlike others.”
Nathaniel, Ogbomoso
It’s good because it’s easy to pay back, unlike some others, which is why we ask for another. The interest is low, making it easier for people to feed themselves and meet other needs.
Taibat, Ogbomoso
It’s good because it’s easy to pay back, unlike some others, which is why we ask for another. The interest is low, making it easier for people to feed themselves and meet other needs.
Taibat, Ogbomoso
It’s good because it’s easy to pay back, unlike some others, which is why we ask for another. The interest is low, making it easier for people to feed themselves and meet other needs.
Taibat, Ogbomoso
The repayment is not difficult, and you did not expose us that other people will now know what we're doing. I'm comfortable with it.”
Taibat, Ogbomoso
The repayment is not difficult, and you did not expose us that other people will now know what we're doing. I'm comfortable with it.”
Taibat, Ogbomoso
The repayment is not difficult, and you did not expose us that other people will now know what we're doing. I'm comfortable with it.”
Taibat, Ogbomoso
It's easy for people and it is fast. Also, the group method is good because when we have issues, we sort it amongst ourselves.”
Rasheed, Ibadan
It's easy for people and it is fast. Also, the group method is good because when we have issues, we sort it amongst ourselves.”
Rasheed, Ibadan
It's easy for people and it is fast. Also, the group method is good because when we have issues, we sort it amongst ourselves.”
Rasheed, Ibadan
It covers one's shame and it is not difficult to pay back because of how it is structured.
Khadija, Ogbomoso
It covers one's shame and it is not difficult to pay back because of how it is structured.
Khadija, Ogbomoso
It covers one's shame and it is not difficult to pay back because of how it is structured.
Khadija, Ogbomoso
It's easy for me. Even sometimes when sales drag, before the deadline, sales pick up and I'm able to pay.”
Iyabo, Ogbomoso
It's easy for me. Even sometimes when sales drag, before the deadline, sales pick up and I'm able to pay.”
Iyabo, Ogbomoso
It's easy for me. Even sometimes when sales drag, before the deadline, sales pick up and I'm able to pay.”
Iyabo, Ogbomoso
It's easy to repay, and it's not a money that would make you unrest or that is stressful. The difference is very clear compared to other loans. Also, it does not have too much interest.”
Deborah, Ogbomoso
It's easy to repay, and it's not a money that would make you unrest or that is stressful. The difference is very clear compared to other loans. Also, it does not have too much interest.”
Deborah, Ogbomoso
It's easy to repay, and it's not a money that would make you unrest or that is stressful. The difference is very clear compared to other loans. Also, it does not have too much interest.”
Deborah, Ogbomoso
Recognized By:
Recognized By:
Recognized By:
Brave Redemptive
Brave Redemptive
Brave Redemptive
OFO Founders
OFO Founders
OFO Founders
