Browsing Tag

Lending

Seeds & Pennies Raises $1.1M to Expand Retail Lending and Boost Women in Nigeria

Seeds & Pennies: Transforming Finance with Community at Its Core In an exciting development, Seeds & Pennies has successfully capped a funding round with a remarkable influx of $425,000 (N680 million). This achievement is not just a number; it symbolizes a vibrant wave of investor confidence in their innovative, field-driven lending model. Over the past quarter alone, this dynamic lender has reported an impressive $625,000 (N1 billion) in collections while disbursing $500,000 (N800 million) in new loans. These…

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