Solv Kenya, the Standard Chartered Plc-owned digital marketplace for small traders, plans to use the success of its operations in Nairobi as a benchmark to expand into other African markets, its chief executive Sheila Kimani has said.
The business-to-business platform, which formally launched operations on October 19 after a three-month pilot phase, enables credit-starved micro-, small- and medium-sized enterprises to access funding based on their transaction history with suppliers without the need for collateral.
