MoDe, founded in Kenya in 2009 to offer micro-credit facilities has just emerged as the IBM Global Entreprenuer of the Year this morning February 8, EAT.
MoDe also won the African league of the IBM SmartCamp held in SA and was a co-finalist with Brazil’s GetWay in Sao Paolo Brazil.
IBM SmartCamp, an exclusive global program for entrepreneurs, investors and experienced mentors aimed at building a Smarter Planet provides access to world-class advisors plus a direct route to seed and venture capital.
Julian Kyula, CEO and Josphat Kinyua, COO say their mission is to give consumer nano-credit that is linked to utilities such as telecoms and power. The Mo De team has experienced executive committee and multidisciplinary team of more than 70 people with experience in telecoms, technology, hospitality, investment banking and finance. MoDe gives airtime credits of US$ 1 to US$10 credit.