Loans disbursed - PDF document

1 Q4'15 Q1'17 Q2'18 Q3'19 Loans disburse
Q4'15 Q1'17 Q2'18 Q3'19 Loans disbursed Loan book April 2020 COMPANY PROFILE Avenue Plaza 2nd Floor, Office No 3, Nyali - Mombasa, Kenya P. O. Box 10556 - 80101 Tel +254 079 000 099 Number of employees 620 Years in operation 4.5 W atu Credit Ltd Watu Credit Limited is a fast growing non - bank finance company . Headquartered in Mombasa, Kenya Watu Credit aims to become the leading East African provider of a broad set of inclusive financial products, delivered in a fast, efficient and professional manner . The Company commenced its operations in October 2015 with the clear vision to be the best in class provider of short and medium - term loan products . Active clients 65,000 Loan Book KES 3,766 ,000,000 Legal advisor Bowmans Auditor Deloitte & Touche Group Lending Watu Credit Ltd PAR 30 7 % Short - term and business loans for women groups in coastal Kenya region. Products Asset Financing Loan facility for purchase of new low cost motor vehicles. Financing up to 70% of vehicle value. Secured short - term loan facility for our Asset Finance clients. Mobile Loan Facility 201 5 2016 2017 1 2 3 Corporate Actions Nairobi Securities Exchange listed company Car&General Ltd ( C&G ) acquires shares in Watu Credit 201 7 Interest p.m. 3% - 10 % The Company offers asset financing (motorcycles and three - wheelers) and group lending products (short - term and business loans) and currently is expanding with 25 branches already opened including Nairobi, Malindi, Nakuru, Eldoret, Kakamega, Kisii , Kisumu, Bungoma, Kitale, Kericho, Migori, Bomet , Meru and Mombasa (Town) . Watu Credit prides itself in offering fully cash - less services for loan disbursement and collection as well as 24 - hour access for clients to their account balances . Loans Disbursed & Loan Book - 1/2 - 0 2295300 4590600 6885900 9181200 11476500 13771800 16067100 18362400 20657700 22953000 25248300 27543600 29838900 32134200 34429500 36724800 39020100 41315400 43610700 45906000 48201300 50496600 52791900 55087200 57382500 59677800 61973100 64268400 66563700 68859000 71154300 73449600 75744900 78040200 80335500 82630800 84926100 87221400 89516700 91812000 94107300 96402600 98697900 100993200 103288500 105583800 107879100 110174400 112469700 114765000 117060300 119355600 121650900 123946200 126241500 128536800 130832100 133127400 135422700 137718000 140013300 142308600 144603900 146899200 149194500 151489800 153785100 156080400 158375700 160671000 162966300 165261600 167556900 169852200 172147500 174442800 176738100 179033400 181328700 183624000 185919300 188214600 190509900 192805200 195100500 197395800 199691100 201986400 204281700 206577000 208872300 211167600 213462900 215758200 218053500 220348800 222644100 224939400 227234700 229530000 231825300 234120600 236415900 238711200 241006500 243301800 245597100 247892400 250187700 252483000 254778300 257073600 259368900 261664200 263959500 266254800 268550100 270845400 273140700 275436000 277731300 280026600 282321900 284617200 286912500 289207800 291503100 293798400 296093700 298389000 300684300 302979600 305274900 307570200 309865500 312160800 314456100 316751400 319046700 321342000 323637300 325932600 328227900 330523200 332818500 335113800 337409100 339704400 341999700 344295000 346590300 348885600 351180900 353476200 355771500 358066800 360362100 362657400 364952700 367248000 369543300 371838600 374133900 376429200 378724500 381019800 383315100 385610400 387905700 390201000 392496300 394791600 397086900 399382200 401677500 403972800 406268100 408563400 410858700 413154000 415449300 417744600 420039900 422335200 424630500 426925800 429221100 431516400 433811700 436107000 438402300 440697600 442992900 445288200 447583500 449878800 452174100 454469400 456764700 459060000 461355300 463650600 465945900 468241200 470536500 472831800 475127100 477422400 479717700 482013000 484308300 486603600 488898900 491194200 493489500 495784800 498080100 500375400 502670700 504966000 507261300 509556600 511851900 514147200 516442500 518737800 521033100 523328400 525623700 527919000 530214300 532509600 534804900 537100200 539395500 541690800 543986100 546281400 548576700 550872000 553167300 555462600 557757900 560053200 562348500 564643800 566939100 569234400 571529700 573825000 576120300 578415600 580710900 583006200 585301500 587596800 589892100 592187400 594482700 596778000 599073300 601368600 603663900 605959200 608254500 610549800 612845100 615140400 617435700 619731000 622026300 624321600 626616900 628912200 631207500 633502800 635798100 638093400 640388700 642684000 644979300 647274600 649569900 651865200 654160500 656455800 658751100 661046400 663341700 665637000 667932300 670227600 672522900 674818200 677113500 679408800 681704100 683999400 6862947

2 00 688590000 690885300 693180600 6954759
00 688590000 690885300 693180600 695475900 697771200 700066500 702361800 704657100 706952400 709247700 711543000 713838300 716133600 718428900 720724200 723019500 725314800 727610100 729905400 732200700 734496000 736791300 739086600 741381900 743677200 745972500 748267800 750563100 752858400 755153700 757449000 759744300 762039600 764334900 766630200 768925500 771220800 773516100 775811400 778106700 780402000 782697300 784992600 787287900 789583200 791878500 794173800 796469100 798764400 801059700 803355000 805650300 807945600 810240900 812536200 814831500 817126800 819422100 821717400 824012700 826308000 828603300 830898600 833193900 835489200 837784500 840079800 842375100 844670400 846965700 849261000 851556300 853851600 856146900 858442200 860737500 863032800 865328100 867623400 869918700 872214000 874509300 876804600 879099900 881395200 883690500 885985800 888281100 890576400 892871700 895167000 897462300 899757600 902052900 904348200 906643500 908938800 911234100 913529400 915824700 918120000 920415300 922710600 925005900 927301200 929596500 931891800 934187100 936482400 938777700 941073000 943368300 945663600 947958900 950254200 952549500 954844800 957140100 959435400 961730700 964026000 966321300 968616600 970911900 973207200 975502500 977797800 980093100 982388400 984683700 986979000 989274300 991569600 993864900 996160200 998455500 1.001E+09 1.003E+09 1.005E+09 1.008E+09 1.01E+09 1.012E+09 1.015E+09 1.017E+09 1.019E+09 1.021E+09 1.024E+09 1.026E+09 1.028E+09 1.031E+09 1.033E+09 1.035E+09 1.037E+09 1.04E+09 1.042E+09 1.044E+09 1.047E+09 1.049E+09 1.051E+09 1.054E+09 1.056E+09 1.058E+09 1.06E+09 1.063E+09 1.065E+09 1.067E+09 1.07E+09 1.072E+09 1.074E+09 1.076E+09 1.079E+09 1.081E+09 1.083E+09 1.086E+09 1.088E+09 1.09E+09 1.093E+09 1.095E+09 1.097E+09 1.099E+09 1.102E+09 1.104E+09 1.106E+09 1.109E+09 1.111E+09 1.113E+09 1.116E+09 1.118E+09 1.12E+09 1.122E+09 1.125E+09 1.127E+09 1.129E+09 1.132E+09 1.134E+09 1.136E+09 1.138E+09 1.141E+09 1.143E+09 1.145E+09 1.148E+09 Q4'15 Q3'16 Q2'17 Q1'18 Q4'18 Q3'19 Revenue Active clients Watu Credit Ltd prides itself by offering an excellent client service in the domestic lending market, thanks to a dedicated team of professionals and use of modern technologies . Watu Credit Ltd has developed a number of proprietary IT technologies to streamline client onboarding, loan disbursal and repayment via M - Pesa . April 2020 COMPANY PROFILE Best Client Service As Experienced by the Clients Graduated from the University of Latvia with a Master's degree in law . Andris worked as a lawyer with law firm Liepa , Skopina / Borenius in Latvia . Andris was the founding partner of MTG group – a Cayman based fund and asset management company . Andris has more than 8 years’ trading experience in financial markets and is avid investor in early fintech startups . Andris Kaneps, Director Acquired a Bachelor’s degree in Business administration from the Mombasa Polytechnic university . Benson has been strengthening his business acumen by working in banking, microfinance and business management since 2003 . Benson's most notable roles include Regional Manager of Equity Bank Limited, Microfinance group Manager of Muki Sacco, as well as Head of HR at IEBC Tharaka Constituency and Head Branch Manager at Yehu Microfinance . Benson Muchomba Marigu, Director Agris Varpins , Director Management Team Omar Swaleh , Head of Business Development Internationally Certified Microfinance Expert from the Frankfurt School of Finance and Management . Omar's practical managerial skills in microfinance industry were honed during the last 20 years in various training opportunities and work, such as Credit Officer at the Kenyan Institute of Cultural Affairs, Credit and Project manager at Elite Microfinance Mombasa, and Operations manager at Yehu Microfinance Trust, among others . Omar excels at both leading a team of experts as well as his unrivalled ability to train and foster growth of his team members . Graduated from Columbia University in New York with a Master’s degree in international affairs . Agris has extensive experience in finance management and treasury operations acquired during his work in the Quality Assurance Department at the New York City Government, Transparency International and the Canadian Embassy in Latvia . With an eye for details and punctuality, Agris was owner and operator of the largest online physical currency exchange in Latvia – SIA Convert . Loan applications are submitted through client's mobile phone via USSD (Unstructured Supplementary Service Data) short code *876#. Loan requests are reviewed and processed within 24 hours. Active Clients vs. Revenue - 2/2 - Portfolio Geographical Breakdown % 14% 11% 10% 9% 8% 8% 8% 5% 5% 5% 4% 3% 3% 2% 6%