Tamarind – Micro loans to SMEs – Joseph Kalu

Small and medium-sized businesses (SMEs) frequently have a short-term need for financing to support investments and company succession or to provide operating capital. It frequently takes days to complete the procedure from making contact to receiving a conditional offer from the bank. Final approval or rejection usually requires weeks of administrative effort and copious amounts of paperwork on both sides. Tamarind aims to fully automate the application process, including the actual credit decision as well as any relevant criteria that must be accepted and legitimized.