America firm Kuramo Cap to buy 12% of micro-lendor Pezesha


Kuramo Capital is expressing interest in purchasing 12% of Kenyan-based digital micro-lender, Pezesha African LTD. The firm had earlier this year (August) participated in a Pezesha seed-round through its Consonance Kuramo Special Opportunities Fund I.

Pezesha, founded in 2016, has since carved a niche for itself as a value-chain financial marketplace, designed to provide financial education to borrowers, as well as walk them through a seamless credit-scoring process, that ultimately qualifies them for loans.

The online microlender matches lenders with creditworthy albeit low-income micro businesses.