Sevi
Sevi provides a stock financing solution for small businesses in Kenya. Sevi facilitates that corporate suppliers, such as Coca-Cola, can easily offer their products on credit to their retail outlets, which typically are small informal businesses.
Achievement
2020: Introduction SEVI-app in Kenya (MVP) 2021: Winner GDC Innovation Challenge 2022: Licensed as 1st B2B digital credit provider by the Central Bank of Kenya 2023: Raised USD 1.4 million seed funding (DGGF, Small Foundation and Truvalu) 2023: Increased Gross Merchandise Value to EUR 2 million
Utrecht
Industry
FinTech, Social, Saas
SDGs
"Industry, innovation and infrastructure (SDG #9)", Decent work and economic growth (SDG #8), Gender equality (SDG #5)