EKASINOMICS - Asonele Gevenga’s business helps students build a credit history.
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Students will agree that building a good credit record while studying towards a degree is virtually impossible. Yet, it’s a fundamental requirement for life after university. Because Fleeker Finance understands this, the student led registered credit provider has centred its innovative business model around it.
Headed by Asonele Gevenga, a final-year BCom student at the University of Cape Town (UCT), the business allows students to borrow small amounts of cash at a nominal interest rate of 2% per month. This means that students can build a healthy credit record while at university, using a student centric service provider.
“We are a ‘for the student, by the student’ kind of business. We understand their needs and with our model, we’re trying to address one big [need],” said Gevenga.
Headed by Asonele Gevenga, a final-year BCom student at the University of Cape Town (UCT), the business allows students to borrow small amounts of cash at a nominal interest rate of 2% per month. This means that students can build a healthy credit record while at university, using a student centric service provider.
“We are a ‘for the student, by the student’ kind of business. We understand their needs and with our model, we’re trying to address one big [need],” said Gevenga.
