Watu Credit

Catch our Kenya Country Manager Erick Massawe's latest opinion piece in today's Business Daily Africa and Daily Nation. He addresses the pressing issue of phone flashing and its harmful impact on efforts to expand digital inclusion in Kenya. Read the full article below or access it here: https://lnkd.in/dUuzAJRa #Watu4Watu #DigitalInclusion

🌟𝗗𝗿𝗶𝘃𝗶𝗻𝗴 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗚𝗿𝗼𝘄𝘁𝗵 𝗮𝗻𝗱 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗜𝗻𝗰𝗹𝘂𝘀𝗶𝗼𝗻: 𝗪𝗮𝘁𝘂’𝘀 𝟮𝟬𝟮𝟰 𝗝𝗼𝘂𝗿𝗻𝗲𝘆🌟  2024 has been a transformative year for Watu in Sierra Leone! Together, we've:  ✅ Unlocked SLE218M+ in credit, empowering over 100,000 Sierra Leoneans to start businesses and secure their futures.  ✅ Connected 30,000+ people to the digital economy with affordable smartphones, fostering education and entrepreneurship.  ✅ Equipped 3,000+ youths with income-generating assets, creating sustainable livelihoods.  ✅ Processed over 500,000 mobile money transactions, advancing financial inclusion and reducing reliance on cash.  Aligned with Sierra Leone’s Vision 2035 and the UN SDGs, Watu is committed to fostering economic resilience and digital inclusion.  As we celebrate these milestones, we’re excited to scale our impact in 2025—reaching 𝟭𝟱𝟱,𝟬𝟬𝟬+ 𝗶𝗻𝗱𝗶𝘃𝗶𝗱𝘂𝗮𝗹𝘀, connecting more communities, and creating even greater opportunities.  💡Click here to read the full article and learn more about our impactful journey. #FinancialInclusion #DigitalTransformation #EconomicEmpowerment #WatuImpact #SierraLeone Tanu Jalloh - MA, BA (Media, Comms)Chukwu-Emeka P F Chikezie MBE YALI Network Marmara Üniversitesi Sürekli Eğitim Merkezi (MÜSEM)Marmara University

Thank you, CNBC Africa, for featuring our General Manager, East Africa, Andrii Volokha, in your 2024 wrap-up on 'Africa Climate Future: Transitioning to a Greener Tomorrow.' His insights on 'Powering Africa’s Green Growth' remain vital to the climate conversation. Missed it? Rewatch to stay informed and inspired! https://lnkd.in/d8HKXeMC #Watu4Watu #EMobility #ClimateAction #SustainableFuture

I recently had the opportunity to sit down with the Fintech Association of Kenya to share my journey, leadership philosophy, and vision for Watu Credit in Kenya. In the interview, I talk about how our customer-centrism approach drives everything we do, and why I believe “customers decide the fate of a business”, and how Watu Credit is empowering entrepreneurs across Africa. It’s been an incredible journey leading Watu Credit in Kenya, and I’m proud of the impact we’re making in shaping the future of asset financing and enabling dreams. #Watu4Watu #Customercentrism

TAKE THE LEAD MEASURE IT LIKE Watu Credit... 🌍 Why Carbon Footprint Assessments Matter for Your Business This week, our team is completing a carbon footprint assessment for Watu in Uganda, and the insights we’ve uncovered are fascinating. While I can’t share specifics, what’s clear is that this process is a game-changer for any company serious about sustainability and long-term growth. A carbon footprint assessment isn’t just about compliance—it’s about understanding your environmental impact, building trust with stakeholders, and positioning your business for success in a world that increasingly values transparency and accountability. As we approach 2025, the expectations around sustainability reporting are only going to grow. Companies that act now will gain a competitive edge, improve operational efficiency, and create real value for their stakeholders. If your company is ready to lead the way in sustainability, let’s talk. Together, we can help you measure, understand, and act on your carbon footprint to prepare for a greener, more sustainable future. Join the call... #Sustainability #CarbonFootprint #BusinessGrowth #SustainableDevelopment #Watu #ClimateAction

𝑆𝑝𝑒𝑐𝑖𝑎𝑙 𝐸𝑑𝑖𝑡𝑖𝑜𝑛: Watu Credit's Country Manager Erick Massawe leads the asset financing company that has grown to serve 1.2 million active customers across eight African countries since its 2015 founding in Kenya. With 60% market share in Kenya and operations in DRC, Nigeria, Sierra Leone, South Africa, Rwanda, Tanzania, and Uganda, the company has financed over 500,000 assets with an 80% ownership completion rate. Under Massawe's leadership, Watu differentiates itself through customer-centric services, including Watu Shule for driver training and licensing, and pioneering electric vehicle adoption with 2,000 bikes sold in Uganda. The company employs 3,000 people and impacts 400,000 families daily, focusing on empowering entrepreneurs through asset financing. FINTAK had the privilege of interviewing Erick, who shared how their success stems from trust-based lending and comprehensive support services, including 24-hour emergency assistance achieving a 54% recovery rate for stolen assets.

The signing of the Business Laws (Amendment) Bill, 2024, is a significant step towards a structured and transparent BNPL sector. With the Central Bank of Kenya now regulating BNPL providers, this legislation ensures consumer protection, accountability, and trust—unlocking opportunities for individuals and fostering industry growth. At Watu, we are proud to support this progressive move and remain committed to working with stakeholders to build an inclusive financial ecosystem that drives economic empowerment for all. #Watu4Watu #BNPLKenya #RegulatoryTransformation #InnovationMeetsRegulation #FinancialInclusion

Happy Jamhuri Day! Today Kenya celebrates 61 years of independence. It’s a time to honor the courage of those who fought for self-determination and to celebrate the progress and resilience of the nation. Tuzidi pamoja! #JamhuriDay #Watu4Watu

At Watu, our ethos is built on customer-centricity above all else. Since our launch in Mombasa nine years ago, Andris Kaneps, our CEO, has upheld a simple yet powerful principle: "Client First!" So, when Eric Thomas, a dedicated tuktuk operator and Watu client, requested to meet our CEO, we made it happen. Watch this heartwarming encounter as Andris and Eric meet for the first time and share a meaningful conversation that truly embodies our commitment to going above and beyond for our clients. #Watu4Watu #Customercentricity 

Happy 63rd Independence Day, Tanzania! 🇹🇿 #Watu4Watu #IndependenceDay #IndependenceDay2024 #Tanzania