Builtrec

Builtrec is a fintech start up that combines accounting, micro-lending and insurance to assist Micro, small and medium scaled businesses across Africa create a track record, get access to small or micro finance loans and insurance products that will enable them to in turn get access to financing from large financial service companies like banks. Majority of businesses in the informal sector do not have access to financial opportunities due to their inability to provide a track record of financials that is required by Banks. Through our easy to use financial service platform, micro, small and medium sized businesses across Africa will be able to record their financials which will enable them to create a financial track record that is needed for them access loans from banks. We will also offer them small loans at low interest rates that are repayable within 6 months, that will give Banks the assurance that they need to commit to greater terms. We will also insure them, their businesses and assets to ensure that they are protected against any financial loss. We are building an overall financial solution that will enable micro, small and medium sized businesses across Africa an opportunity to grow and get access to the financial services that they desperately require.