Africa
EthiopiaHijra Bank to accept digital data as collateral for SME loans
Hijra Bank introduces a new model allowing Small and Medium Enterprises (SMEs) to use digital transaction records from its HalalPay platform as collateral for loans, replacing traditional physical property requirements.
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Hijra Bank Proposes Digital Data as Collateral for SME Loans
First report 10h agoLast update 10h ago1 takes 1
innovative sme financingneutralShow 1 post
started 10h ago•Last update 10h ago
This approach is significant for Ethiopia's underserved SME sector, leveraging digital financial intelligence to bridge the financing gap for asset-light enterprises.
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