What is Pezesha?
Pezesha (name comes from various acronyms of Pesa and Wezesha to mean Financial Empowerment in Swahili). We are all about Kenyans empowering other fellow Kenyans by lending money to borrowers that may otherwise not have access to aﬀordable and fair terms. You as a Kenyan or your Chama can also invest with us and earn high returns of up to 5% per month by lending to another responsible low income borrower over your mobile phone.
What makes Pezesha different from other alternative and retail lenders?
- Risk Minimization: Pezesha has deployed a robust credit scoring model, capable of processing conventional and unconventional data in order to identify credible low income borrowers. The ability to identify these credible borrowers who typically do not have any collateral helps to minimize the risk that lenders on our platform stand to face
- Maximization of Returns: Pezesha is structured in a way whereby the lenders receive their full income without incurring any operating costs which are involved in facilitating the loans. This is achievable because Pezesha uses a peer to peer structure thereby ensuring that lenders get maximum returns which Pezesha deals with the basic expenses.