Nov 14, 2020
BusinessWorld - "Venio provides unbanked consumers with nano-credit assistance by making credit facilities accessible through a smartphone app. Users enter their details in the app to apply for a loan and then wait for the app’s decision.
Approved nano-sized loans—typically between US$1 and US$5 or the market currency equivalent—can be used 'same as cash' within the Venio Marketplace to purchase goods and services such as food, communication, transportation, and medicine from partner merchants."
The full article may be read here.