• Zedvance Finance: Ayooluwa Oladimeji, Chief Product and Strategy Officer.
Zedvance Finance Limited has introduced a solution to help Nigerian small and medium-sized enterprises (SMEs) secure funding.
During the panel session “Accessing Funding Opportunities for Sustainable Manufacturing,” Ayooluwa Oladimeji, Chief Product and Strategy Officer, emphasised the need for SME operators to form peer partnerships to enhance their funding prospects.
Oladimeji pointed out that financiers often hesitate to fund SME farmers and agro-processors due to the absence of reliable structures and proven track records.
He encouraged manufacturers and input providers to utilise existing groups or cooperatives for a stronger approach to financial institutions.
Zedvance Finance, focused on supporting the manufacturing ecosystem, has helped many small businesses build capacity.
The company is currently collaborating with an aggregator to assist over 1,000 poultry farmers in Osun and Oyo states through its asset financing solutions.
Oladimeji noted, “We adopt a value-chain, ecosystem-based approach to problem-solving,” offering various financing solutions for input vendors serving manufacturers.