Seta Credit

Credit to buy more

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Problem Statement

Retailers can only access 30% of their credit needs.

“I survive on the daily profit. I need credit to buy more goods and make bigger profit to care for my family.” – Iya Yetunde, retailer in Erejuwa, Bucknor, Lagos Island.

Explore More

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we aim to solve the distribution problems ignored by others.

SETA CREDIT provides more credit to retailers to buy more from distributors.

How It Works

  • No Collateral Needed.
  • No Banking History.
  • No retailer App required.
  • Simple & Straightforward.
  • #50,000 to #500,000 Credit.
  • One Week Recurring Credit.
  • 1% Charge on credit given.

Market Opportunity

  • Total Available Market: Total credit needed by 1.2 million retailers in Nigeria.
  • Serviceable Available Market: Credit needs of 360,000 retailers who have sales records with distributors.
  • Serviceable Obtainable Market: Credit we plan to disburse to 180,000 retailers in 3 years.

Market Opportunity

SETA CREDIT ADVANTAGES

Lending Partners
Credit Scoring System based on sales history
Network of FCMG distributors and retailers

We have an amazing product. Give it a try today!

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