2015

Credit Missing Middle

Challenge at the

Base of he Pyramid ( BoP ):

Scalable across all small-medium business types …

… incl. small-medium farm-types.

� Large-scale ~ 3 billion commercial lives � No or Sparse Data at Account Level � Perceived High ( Credit ) Risk � Excluded from Access to Finance � Unstructured Market � Literacy & Digital Gap � No Collateral

BoP Challenges are:

� Miniaturisation & Digitisation � Data Centric & Structured Approach � Data Service & Products � Data Engines to Build Bankable Data � Data Engine to De-Risk � Data Engine to Structure Cash Flow

Finance

nC’s Solutions for BoP Challenges :

2 Solution Services …

Term Sheet

& Supporting Docs.

Start-Up Manual

& Supporting Docs.

Business Inclusion

Financial Inclusion

3 Data-Products …

Commercial Loan / Debt

Commercial Share / Equity

Impact Grant

ROE-targeting

= 30%

Margin-setting = 300 bps

High Impact = Index Tracking

USD 70

USD 20

USD 10

nanoLender™ with Co-Funding Automation

USD 100 =

100 ha. 1,000

heads

50 tons per month

R 0.3M

R 5 M R 2M

“Spar“ R 16M

3rd Data-Product Structured Credit

Network

Disclosure, subject to Arrangements.

Business Model:

Revenue Model:

Disclosure, subject to Arrangements.