💸 About the Product Microlending is a system that aids small-scale business owners to improve and increase business productivity and profit margin by making funds readily available and easily accessible to these unbanked and banked business owners.
🌈 The problem
Compared to larger enterprises, SMEs in Nigeria suffer the undersupply of credit mainly because of asymmetric information, high default risk, and lack of collateral.
This problem deterred the growth of SMEs thereby leading to economic stagnation. In a bid to improve their access to finance, Capricorn developed a digital product that grants unbanked and banked small-scale business owners access to funding for their businesses.
🎯 The result
Since creating this product, there has been a 9% yearly growth for these small businesses. They are able to access funding to expand their businesses and repay their loan. This has resulted in an improved standard of living for these business owners.
Key Responsibilities
Design and execute the GTM strategy
Conduct Training, Demo, and designed training materials
Coordinate diverse remote teams across the company and its cross-collaborations
Influence team on product-led decisions
Deploy an efficient prioritization strategy for a feature launch
Continuously hold negotiations to sustain product value and mission for the long-run
Plan and continuously refine the backlog and roadmap
Role: Product Manager
As a Product Manager, I led the development team as an Individual Contributor and by extension cross-functionally as a collaborator with the general stakeholders of the company.
My KPI
Automate Disbursement Of Loans
Improve the product experience for users
Influence the development team to ship the valuable product
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Posted Feb 8, 2025
I led the development team as an Individual Contributor to execute the product roadmap and collaborated with stakeholders to deliver the product to users.