Credit Where
Banks Won’t Go

Credit Where
Banks Won’t Go

Alaafia is a credit-led fintech building the financial infrastructure for Nigeria’s 38 million nano-businesses locked out of formal credits.

Alaafia is a credit-led fintech building the financial infrastructure for Nigeria’s 38 million nano-businesses locked out of formal credits.

Alaafia is a credit-led fintech building the financial infrastructure for Nigeria’s 38 million nano-businesses locked out of formal credits.

Alaafia is light to those in economic shadows.

Alaafia is light to those in economic shadows.

We blend social trust, community accountability, and data-driven insights to underwrite fast & flexible microcredits through four simple steps:

We blend social trust, community accountability, and data-driven insights to underwrite fast & flexible microcredits 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 proprietary 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

$20,000+
$20,000+
$20,000+

disbursed in pilot

disbursed in pilot

disbursed in pilot

98%
98%
98%

collection rate

collection rate

collection rate

90+
90+
90+

customers across Oyo State's 3 biggest geo-political zones

customers across Oyo State's 3 biggest geo-political zones

customers across Oyo State's 3 biggest geo-political zones

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

<$2
<$2
<$2

customer acquisition cost

customer acquisition cost

customer acquisition cost

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 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 structured, and scalable alternative.

Where We’re Headed

Where We’re Headed

Where We’re Headed

Beyond access to credit, Alaafia is helping traders break cycles of stagnation by building the data, insights, and financial tools they need to grow sustainably.

  • 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'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

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.”

Ganiyat, 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 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 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

Logo

Building the credit rails for underserved nano-businesses across Africa through social trust, community accountability, and data-driven underwriting.

Contact Us

+234 707 732 7272

support@alaafiahq.com

The Assembly City, Ogbomoso, Oyo State, Nigeria

Follow us on:

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Opening Hours:

Monday - Friday: 8AM - 7PM

Saturday: 9AM - 6PM

© 2026 | Alaafia

Logo

Building the credit rails for underserved nano-businesses across Africa through social trust, community accountability, and data-driven underwriting.

Contact Us

+234 707 732 7272

support@alaafiahq.com

The Assembly City, Ogbomoso, Oyo State, Nigeria

Follow us on:

Icon
Icon
Icon
Icon

Opening Hours:

Monday - Friday: 8AM - 7PM

Saturday: 9AM - 6PM

© 2026 | Alaafia

Logo

Building the credit rails for underserved nano-businesses across Africa through social trust, community accountability, and data-driven underwriting.

Contact Us

+234 707 732 7272

support@alaafiahq.com

The Assembly City, Ogbomoso, Oyo State, Nigeria

Follow us on:

Icon
Icon
Icon
Icon

Opening Hours:

Monday - Friday: 8AM - 7PM

Saturday: 9AM - 6PM

© 2026 | Alaafia

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