Complete record management tool and financial service toolbox for thrift collectors (AJO or ESUSU) , cooperatives and local saving clubs.
of informal banking is here
We are Providing affordable financial services to the last mile through Thrift collectors (ajo, esusu), savings clubs and local co-operatives. we are helping local financial service providers do more by keeping better records and giving them additional income streams.
Non Banking MFIs (Micro Finance Institutions)
Registered institutions with marketers as mobile Agents, and offering group/cooperative services.
Mobile local Agents (thrift collectors, AJo, ESUSU)
Individuals moving from house to shop, collecting daily contributions from mostly MSMEs and fulfilling withdrawals for them at month’s end.
Group of individuals in an organisation which put in shared capital and withdraw in turns, usually in a monthly cycle.
Challenges with informal
financial service solutions
Toju is digitizing the informal financial service space for the unbanked and underbanked in Nigeria.
Long Reconciliation Time
1-2 hours per day per 100 customers
Poor Record Organization
manual book keeping
due to withdrawal from their customer as the same time within the months
High expenses for CRM
very high expenses
A complete record management tool and financial service toolbox for thrift collectors, cooperatives and local savings club.
We help non-bank Micro Finance Institutions, Cooperatives, savings and mobile local thrift agents improve on their record management and provide them with broader financial services such as loans and insurance they normally wouldn't be able to access.How Toju works
We Enabled Financial
Institution To Manage Their Records
We deliver a cloud-based core banking platform that enables your non bank financial institution.