The Story of Mulikat Adebayo (The Pomo Seller)
Beyond Credit has helped me increase my stock. Before I was trading at N 15,000 revenue per week but now I have grown to 35,000 per week. I now have more money to serve and to care for my 3 children ...
To get a loan with us is as easy as walking into a bank and withdrawing cash from a personal account.
When a new client comes to us via a referral or through a contact with one of our loan agents, we do an orientation of what we do for entrepreneurs and when she decides to apply for our loan, we do a short interview for her and then collect some basic data about her business. i.e type of business, stock size and other historical data. We review this application and then make a decision to grant her a loan, or not.
Most of our clients comes in groups of 6. When they are not complete, we often pair them with others to ensure the group is complete. Further orientation is done at this stage to inform of clients of training dates, how to repay loans, group responsibilities, terms of the loan and agent follow up processes. Orientation has proved to be a crucial part of our processes.
Once we are done with grouping, orientation and the required documentation, we sign papers (terms of loan and insurance policies backing the loans) and we then present them a check.
We usually train our clients on planning and budgeting. This added values comes after we have given out checks and we do it it to enable them grow their businesses. Also, our agents will usually check on our clients to ensure the terms of the loans are met and that the loans are being repaid as agreed.
Beyond Credit has helped me increase my stock. Before I was trading at N 15,000 revenue per week but now I have grown to 35,000 per week. I now have more money to serve and to care for my 3 children ...
They have taught me how to plan my business. I now know how and what to do to move my business ahead.
I never knew I could save with the little I was making. They have worked with me and my group and we now save money which helps us invest in our business and care for our families. I am grateful to God and for Beyond Credit..
Need help or someone to talk to. Call us on this number 0809 150 1977. You can also send us a mail
Empower owners of micro enterprises by providing them access to financial services and other tools to escape poverty.
To build an innovative, scalable and sustainable organization that provides inclusive financial services to low-income micro entrepreneurs in Africa.
In Sub-Saharan Africa, about 350 million adults lack access to formal financial services. Nigeria accounts for more than 10 percent of this number. Without access to the right financial services, the poor are not able to withstand the slightest financial shocks and are therefore perpetually trapped in the vicious cycle of poverty.
Beyond Credit has been created with this problem in mind. Poverty, in our opinion, is one of the greatest injustices that mankind managed to create and sustain! It manifests itself through different outcomes, including: hunger and malnutrition, high infant mortality and low life expectancy, illiteracy in children and crime.
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Our Core Values
Our Business Principles
Jude Njugo is the Chief Executive Officer of Beyond Credit. His work background cuts across development finance, banking, private equity and management consulting in West Africa. Prior to his current role, Jude was a Senior Investment Officer at the World Bank where he had extensive experience in the financial inclusion space working on initiatives to improve access to finance to MSMEs in Nigeria. He was a key member of the Financial Institutions team at the IFC which provided funding to several microfinance banks and institutions in Nigeria.
He has an MBA from the Massachusetts Institute of Technology (MIT) and a Bachelor degree in Accounting from the University of Lagos. He is also a member of the Institute of Chartered Accountants Nigeria.
Lanre Akinbo is the Managing Director of Wizer Advisory. He is an entrepreneur and a multi-disciplinary professional with extensive experience leading teams on financial advisory transactions. He has key experiences in business process optimization and automation. He is also a Financial and business strategy adviser to multi-lateral institutions and Boards of Directors of leading companies. Additionally, he is a committed advocate of human capital development and good governance in Nigeria. He is a member of the planning committee of the Nigeria Economic Summit Group and also a Board member of Believers Connect. He has an MBA from Columbia Business School and a Bachelor degree in Mathematics from the University of Lagos. He is also a member of the Institute of Chartered Accountants Nigeria.
Lolomari George is the head of Treasury at Shell Exploration and Production companies in Nigeria. In this role, he is responsible for Treasury (Non Operations) and Insurance for the Shell Petroleum Development Company (SPDC) Joint Venture and the Shell Nigeria Exploration and Production Company (SNEPCO) PSC. Lolomari’s experience include fund raising, commercial negotiations and managing relationships with regulators. He has a Bachelor degree in Accounting from the University of Lagos, Nigeria and he is also a member of Chartered Institute of Management Accountants UK and Institute of Chartered Accountants Nigeria.
Where we are
Beyond Credit. Nigeria
