Kibo Capital Group through Chapeo™ provides short term credit solutions, employee advances, payroll processing functionalities and bill payment options at the convenience of ones workstation through the mobile phones.
This solution looks to minimize cashflow interruptions for small and medium sized businesses. The solution also ensures no loss of man hours from the inconveniences that come with employees having to visit specific physical locations in search of advances to settle bills.
Chapeo capital business solutions for the small sized business category is unmatched. Kenya has had substantial impact globally in as far as enhancements of financial services access through successful mobile platforms and payment solutions are concerned.
This success has enabled a sizeable proportion of her adult population gain access to formal financial services via mobile phones. It is however worth noting that this has not resulted in full financial inclusion for the population and especially for the low and middle income segment which continues to lack access to affordable and sustainable credit facilities.
Chapeo™ teams’ strong belief in solving global problems, we embarked on a journey that put together the best in the world technology under the Global Sustainability Partners for Africa umbrella to build solutions and products that further create additional value and positive sustainable contribution in the same space.
Through our special products for Women in the society, we believe in women empowerment not only as a sure promise for a better tomorrow but also a guarantee for a sustainable society. This continues to motivate us towards continued focused innovation and investments in women in our society.