The lack of financing for small and medium sized merchants in Africa hurts people.
It hurts many of them by depriving them of the ability to do business beyond basic levels. Traders sell less than they could, and make less money than they should, because they don’t get support from lenders to finance their trade in goods. Whatever they buy, typically has to be paid for in cash.
It is hard to capture the full extent to which this puts a squeeze on the lives of people. Less money means less and lower quality calories. It means less to spend on housing, education, medicine, and communication. Overall, it also means more unproductive gaps between productive trading days, while traders wait for the arrival of goods they have purchased in cash.
The mission of the Kommerce project is to make working capital more easily available to traders in Emerging Markets.
Company Details
- Founded
- -
- Address
- Pasea Estate, Road Town, Tortola,tortola 000000,virgin Islands, British
- su****@****rce.com
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- kommerce.com
- Keywords
- fintech, blockchain, emergingmarkets, frontier, tradefinance, logistics, insurance, risk, commodities, factoring, yield, import, export, LC, FOB, CIF, shipping, freight, crypto, cryptocurrency, token, ICO.
- HQ
- Tortola, Tortola
Kommerce Questions
Kommerce's website is kommerce.com
Kommerce's LinkedIn profile is https://vg.linkedin.com/company/kommerce
Kommerce's industry is
Financial Services
Kommerce's top competitors are
Ethereum Pink,
The Cryptokenikeni Project,
Phpt,
Kazano.org,
Komerce,
Eagle Battle,
Safu Network,
Moonlight Finance,
1marketmakers,
Nzvedaz Big Five Token.
Kommerce's support email address is support@kommerce.com
Kommerce's categories are Financial Services
Kommerce's founding year is 2017
