Impact investments in East Africa
In 2022, We were delighted to invest into a SAFE with Huza (formerly PesaChoice), a a financial technology company founded by Davis Nteziryayo, a member of the Rwandan diaspora who returned after 18 years in the USA. Huza (formerly PesaChoice) provide human resource software - Midas that automates most business functions such as payroll, absence management, employee service, and allowing HR personnel and management to focus on what’s important.
It then uses this data to enable employees to bridge the gap between the salary payout and unexpected expenses for people with limited access to institutional credit by providing low interest salary advances, eliminating the need for individuals to rely on predatory lenders, piles of paper work, and long waiting periods to get access to funds
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