We are dedicated to advancing financial literacy and outreach in Kenya, strategically focusing on expanding our efforts into other emerging markets. By enabling, supporting, and scaling microlending operations in Kenya, we aim to make a transformative impact on local communities. Through providing microcredit to individuals and small businesses that lack access to traditional financial services, we empower people to unlock new opportunities for growth and prosperity.
Our approach is grounded in the belief that financial inclusion is key to sustainable development, particularly in underserved regions. We seek to bridge the gap by offering tailored financial solutions that meet the unique needs of entrepreneurs and individuals who have historically been excluded from mainstream banking services. This enables them to invest in their businesses, improve their livelihoods, and contribute to the broader economy.
As we look to the future, we are committed to expanding our reach to other emerging markets, where we can replicate our success in Kenya and continue to support financial inclusion on a global scale. Through these efforts, we aspire to create lasting social and economic change, fostering empowerment, opportunity, and resilience in communities worldwide.
Our vision at Positiviti is to be a catalyst for sustainable change, where every borrower with a dream and determination can access the financial resources and guidance needed to thrive. We strive to create a future where our microloans pave the way for stronger, self-sustaining communities, igniting a ripple effect of positive impact across our current footprint and beyond.
Positiviti, Inc was founded in 2018 to enable Micro, Small, and Medium Enterprises (MSMEs) to thrive without outside assistance.
Positiviti is a Lending platform that makes it easy for lenders to earn 12%* up to 36%* annual returns on their lending. Loans are used to finance businesses and individuals in the developing world, providing much needed capital to those who need it most. Positiviti platform provides a secure and transparent way for everyday lenders to access lending opportunities from around the globe. With low minimum lending amounts and quick payouts, you can easily start earning on your lending with minimal effort.
Our fast-growing client base is testimony to our success – we have grown significantly as measured by the size of the loan portfolio, repayment rates, and many other metrics. Most importantly for borrowers: We provide a competitive low-interest product that can be processed within 48 hours of application, an opportunity not available elsewhere on the market today! With these advantages, it's no surprise why Positiviti has become such a popular choice among borrowers & lenders alike - helping people prosper all over their home countries.
Our loan platform is committed to helping our lenders and borrowers achieve success. We provide the guidance, resources, and support needed for both parties to reach their goals confidently.
Start lending today and make an impact on the world through lending!
With a near-perfect default rate, Positiviti has become the micro lending vehicle of choice for individuals looking to achieve higher return rates. Positiviti also actively implements Know Your Customer parameters and utilizes its borrower assistance program to ensure borrowers remain low-risk. This allows Positiviti to grow exponentially, making the program an ideal choice.
Experience a World of Difference with Smart Lending
According to IFC 2020 data, Africa currently faces a $331 billion gap in commercial and industrial lending, resulting in an economic slowdown and widespread poverty. With our microloan platform, we provide everyday lenders with the opportunity to get increased returns on their hard-earned money while supporting and empowering those most in need.
Industry average is 6.3%
200 Agents covering Rural Areas
68,000 Current Members
You don’t have to be an accredited investor to participate.
Start Earning 12%* currently, up to 36%*
Will generate cash flow in 12 months
Positiviti stands apart from their competitors in the Lending Industry through its strong focus on risk management. Their 2.7% default rate proves their commitment to helping people borrow responsibly and minimizing risk. This is backed by an experienced management team, as well as extensive research into local market conditions which ensures that loans are made at appropriate levels of affordability.
In addition, Positiviti has established a credit union AFRESA for borrowers in Nairobi and Kisumu which provides access to financial services for those who do not have access to traditional banks. They also employ over 200 field agents working in rural areas across Kenya who help identify suitable borrowers and assist in loan repayment collection. Through this combination of tools and resources, Positiviti can provide an innovative and effective approach to lending. By ensuring that borrowers can access financial services responsibly and repay their loans at appropriate levels of affordability, Positiviti has established itself as a leader in the lending industry.
Positiviti has a 2.7% default rate vs the industry rate of 6.3%. This means that they have been able to manage risk effectively, giving potential borrowers more confidence in their ability to repay the loan.
Positiviti has over 200 field agents working in rural areas making the company more accessible to people who live in these areas.
Positiviti has a partnership with AFRESA Credit Union in Nairobi and Kisumu giving borrowers access to additional resources, such as financial education or other products and services offered by the credit union.
Unlike some of its competitors, Positiviti is open to individuals, venture capitalist and accredited investors alike. Giving the organization more control over its business strategy, allowing it to focus on long-term sustainability for maximum profit.
Overall, Positiviti differentiates itself from competitors by focusing on risk management, extensive coverage in rural areas, being open to individual lenders, group lenders and maintaining a local presence. These factors help the organization continue to build a strong reputation and grow its business over the long term.
Positiviti streamlines lending in Kenya through AFRECASH, a mobile app that directly offers borrowers low interest loans and flexible repayment schedules. Additionally, Afrecash leverages the USSD method, providing an alternative way for users to access our services without needing a smartphone or internet connection. This innovative financial solution ensures security and accessibility for all borrowers. For more information about Afrecash, please visit https://afrecash.com/.
Micro-lending encompasses small-scale loans to micro, small, and medium enterprises (MSMEs) entrepreneurs without a collateral requirement. These loans serve as a lifeline for individuals, whether providing day-to-day essentials or seeking to kick start or grow their ventures by promptly providing them with the necessary funds. Micro-lending facilitates economic empowerment and fosters entrepreneurship by bridging the gap between financial institutions and underserved communities. This approach helps individuals achieve sustainability and business goals. Ultimately, micro-lending contributes to socio-economic development by promoting financial inclusion and self-sustainability.
Positiviti empowers individuals to make a difference in underserved communities while building wealth. The idea of microloans may have once been reserved for only the ultra-rich, but now anyone can participate in this game-changing lending platform. contributing in Micro, Small, and Medium Enterprises (MSMEs), entrepreneurs, and individuals in Kenya, we're helping these businesses and individuals thrive and invest in a brighter future for their communities.
Join the movement towards positive change and financial growth with Positiviti.
When you lend funds through Positiviti, your support extends beyond lending. Your funds are lent via our Kenyan partner Open Valley Investments by way of micro loans micro-loans to assist numerous micro, small, and medium enterprises (MSMEs). These micro-loans support emerging markets and underserved enterprises, enabling them to take the next step toward financial success and contribute to ongoing community growth. This contributing allows MSMEs in Kenya to expand their development and eventually will enable Positiviti to expand our administrative efforts into other territories worldwide.
Positiviti stands out in the competitive world of microlending thanks to its forward-thinking approach. Unlike others in the industry, they prioritize risk management, offering peace of mind to lenders and borrowers alike. In addition, they have a remarkable presence in rural areas, which sets them apart from the city-centric competition. Positiviti also fosters a community-driven spirit by welcoming individual lenders who can contribute to the growth of local economies. This local focus positions Positiviti for long-term success and a reputation worthy of its name.
The lending platform takes risk management seriously, we only lend to carefully selected borrowers. At Positiviti, the default rate is less than 2.7%! That's impressive when compared to the industry average of 6.3%. This ensures that a borrower's chances of defaulting on their loan are next to none.
Micro-lending platforms are not FDIC insured, as they are not traditional banks. It is important to note that lending funds for microloans, or any investment, comes with risks, and there is no guarantee of returns or protection against losses.
Regarding guarantees, financial advisors typically do not guarantee investment returns. Instead, they provide advice and recommendations based on their professional expertise and the investor's financial goals and risk tolerance. It is essential to carefully evaluate the risks and potential returns associated with any lending opportunity, including microloans, and consult with a financial professional before making lending decisions.
There's no way to guarantee returns, nor can you fully protect against losses. But, with the right strategy, lending for microloans can be a smart way to diversify your portfolio.
Positiviti cannot provide tax or legal advice. However, lending funds made in micro-lending platforms like Positiviti are not considered charitable donations and cannot be written off as such.
Positiviti is a lending opportunity, and lenders lend funds with the expectation of receiving a return on their lending. Lenders will be taxed on the interest they withdraw from their account in a calendar year. The tax implications of lending funds in Positiviti or any other investment opportunity will depend on various factors, including the jurisdiction where the lender resides and the specific tax laws that apply. It is always a good idea to consult with a tax professional or financial advisor before making lending decisions.
Positiviti uses the services of Metropol Corporation in Nairobi for all credit checks.
Metropol Corporation is a credit reference bureau that provides credit information and ratings to financial institutions, including micro-lending platforms like Positiviti through the Afrecash app. By working with Metropol Corporation, the Afrecash app can access credit reports and scores for potential borrowers, which can help provide lending decisions and reduce the risk of defaults.
In addition to utilizing credit reference bureaus like Metropol Corporation, Positiviti will use mobile phone technology to study the habits of potential borrowers. This could involve analyzing data on mobile phone usage patterns, such as call and text frequency and the types of apps used, to assess a borrower's creditworthiness.
Overall, Positiviti is likely to have a robust credit assessment process that incorporates multiple sources of information to make informed lending decisions and minimize the risk of defaults.
Kenya has a well-developed microfinance sector, with many microfinance institutions operating in the country. The Kenyan government supports the industry, which has implemented policies to encourage financial inclusion and support the growth of the microfinance industry.
Additionally, Kenya has a large population of unbanked or underbanked individuals who may not have access to traditional banking services but could benefit from microfinance.
In recent years, Kenya has also seen significant growth in mobile money services, such as M-Pesa, making it easier for people to access financial services, even in remote areas. This has created an environment where microfinance companies can use mobile technology to reach a wider audience and provide financial services more efficiently.
Overall, a supportive regulatory environment, a large unbanked population, and a well-developed mobile money ecosystem make Kenya an attractive market for micro-lending companies like Positiviti.
It's common for microfinance institutions to expand to other countries or regions as they grow and develop.
Positiviti is successful in Kenya, and there are plans to expand to other countries where microfinance is needed and where they can apply their experience and expertise.
Whether Positiviti expands to other countries in the near future will ultimately depend on various factors, including its strategic goals, available resources, and market opportunities.
It's worth noting that interest rates can vary based on several factors, including the borrower's creditworthiness, the length of the loan term, and the prevailing market conditions.
Microfinance institutions like Positiviti aim to provide affordable credit to underserved or underbanked communities while maintaining sustainable operations. This means that they need to balance the interests of both borrowers and lenders and set interest rates that are fair to both parties.
At Positiviti, the lowest interest earned in 2023 was 12%.
It is worth noting that there needs to be more access to credit for micro, small, and medium enterprises (MSMEs), entrepreneurs, and individuals in Kenya, which presents an opportunity for micro-lending institutions to provide much-needed capital.
According to a 2020 report by the Central Bank of Kenya, only 20% of MSMEs have access to formal credit, while the remaining 80% rely on informal sources such as family and friends or savings. This credit access gap is partly due to the perceived risk associated with lending to MSMEs, which can be seen as less creditworthy than larger, more established businesses.
However, microfinance institutions like Positiviti specialize in providing credit to underserved and underbanked marginalized communities, including MSMEs. By using innovative micro-lending models and leveraging technology to reduce operational costs, micro-lending institutions can provide affordable credit to MSMEs and other borrowers who might not otherwise have access to formal credit channels.
Overall, the demand for capital in Kenya's micro-lending industry is likely to remain strong as more and more MSMEs seek funding to start or grow their businesses.
Disclaimer: Interest Income Reporting for Positiviti
At Positiviti, we aim to provide transparent and accurate information to our valued Lender Members regarding interest income and reporting requirements. It is important to note that interest funds will be considered as interest income only when they are issued or withdrawn from your account. In such cases, the recipient will receive a Form 1099-INT, which is required to be reported to the Internal Revenue Service (IRS) as per IRS regulations.
As stated on the IRS website:
"The payer must furnish Form 1099-INT, Interest Income, to the recipients of interest payments made in the course of the payer's trade or business. **For interest on a deposit, accrued interest is not reportable until it is actually or constructively received**,and a financial institution is not required to file Form 1099-INT on amounts of less than $10 for a calendar year unless requested to do so by the recipient."
It is crucial for our customers to be aware of these IRS guidelines to fulfill their tax obligations accurately. As tax laws and regulations may change over time, we recommend consulting with a qualified tax professional for up-to-date and personalized tax advice.
Please be advised that this disclaimer is intended for informational purposes only and should not be construed as legal or tax advice. Positiviti is not responsible for any errors, omissions, or misinterpretations of tax laws or regulations made by individuals or entities using this information. For specific questions regarding your tax situation, please consult with a qualified tax advisor or visit the official IRS website.
At Positiviti, we take AML and KYC compliance very seriously. To ensure the safety and security of our microloan platform and to satisfy regulatory requirements, we have partnered with Comply Advantage, a leading AML and KYC solution provider. This partnership allows us to thoroughly vet and verify all lenders in North America who participate in our platform. We prioritize the highest standards of due diligence to prevent money laundering, fraud, and other illicit activities. Our commitment to AML and KYC compliance not only safeguards our platform but also ensures that our microloan services in Kenya operate with integrity and trustworthiness. Your financial security is our top priority.
Safaricom's MPESA is a digital banking service in Kenya, that employs Anti-Money Laundering (AML) and Know Your Customer (KYC) measures to ensure compliance with regulatory requirements and to prevent illicit activities such as money laundering, terrorism financing, and fraud.
Here'show MPESA uses AML and KYC:
1. Anti-Money Laundering (AML):
2. Know Your Customer (KYC):
By implementing these measures, MPESA aims to protect its platform from being misused for illegal purposes and maintains compliance with anti-money laundering and customer identification regulations set by the Central Bank of Kenya and other relevant authorities. This means all companies using MPESA are screened as well as borrowers that are downloading microloan apps in Kenya.
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