The real-time digital platform will automate stock financing for retailers as well as provide onboard retailers with capacity, manage stock orders, and unlock access to unsecured stock financing for retailers using data analytics.
“Wezesha Stock is an innovative platform that was born out of conversations with our corporate clients who needed a solution to help them holistically manage supply chain risks within their ecosystems while enhancing the efficiency and liquidity of their supply chain actors to meet their customers’ demands across various business cycles, especially during seasons of peak demand,” said the bank’s Executive, Corporate and Investment Banking, James Agin.
Under its new product, Absa will provide automated credit of between Sh100,000 and Sh10 million to businesses dealing in fast-moving consumer goods, agro-processing, oil marketing, and agro-chemicals.
Access our platform effortlessly on-the-go through our user-friendly mobile apps.
𝗦𝗲𝗺𝗮𝘀𝗼𝗰𝗶𝗮𝗹 𝗶𝘀 𝘄𝗵𝗲𝗿𝗲 𝗿𝗲𝗮𝗹 𝗽𝗲𝗼𝗽𝗹𝗲 𝗰𝗼𝗻𝗻𝗲𝗰𝘁, 𝗴𝗿𝗼𝘄, 𝗮𝗻𝗱 𝗯𝗲𝗹𝗼𝗻𝗴. We’re more than just a social platform — from jobs and blogs to events and daily chats, we bring people and ideas together in one simple, meaningful space.
