Sonika Manandhar: A Digital Ecosystem Connects Micro-Entrepreneurs, Financial Institutions, and Vendors
Sonika: It’s nice to meet you too, Spiffy. Aeloi works with women micro-entrepreneurs, especially ones in the informal sectors with less access to formal finances because they lack collateral, credit history, and proof of income. Did you know that 163 million informal women entrepreneurs have an estimated US $1.7 trillion financing gap? We help solve this credit gap problem with our fund insight software. We do this by directly connecting funders with micro-entrepreneurs. Our main innovation is our digital token technology and our business model, which has a gender-intentional approach, that builds more trust between lenders and borrowers.