Purchase Order Management Service
Purpose: Provides upfront financing for artisans and small businesses upon receipt of purchase orders.
Provided Powered By People
Purchase Order Management Service
Details
Process:
Maker receives order from buyer (export/domestic)
PBP advances 50% - 85% of the purchase order amount
Buyer repays PBP directly
Maker receives remaining balance after repayment
Loan Amount: Up to KES 10,320,000 ($80,000)
Tenor: 1 – 6 months
Charges: 1% - 9% of the purchase order value (deducted at payout)
Eligibility Criteria:
Verifiable purchase order from a buyer with complete product details
Business must pass financial history, KYC verification, and transaction assessment