"THRIVOR wins at AfricArena !"
THRIVOR is a SME growth engine which uses smart-data to target markets, access finance and manage risk
SMEs represent over 90% of formal businesses and over 60% of employment
Unfortunately, up to 80% of SMEs FAIL within 5 years
We're set on growing our economy and fostering employment
The International Finance Corporation estimates that the SME credit gap in Sub-Saharan Africa is up to $90b. The gap in credit financing of formal SMEs in developing economies is $0.9–1.1 trillion. 82–86 percent of the value of formal SMEs’ credit gap (i.e., $0.8–0.9 trillion) in developing economies comes from SMEs that already have a deposit account. Globally, SMEs need access to finance and markets to grow. Let's enable this . .