Lighting up possibilities in overlooked places
Alaafia is a fintech company unlocking credit for Nigeria's most underserved nano-businesses — street traders, market women, artisans, and smallholder farmers — who are excluded from traditional finance.
We believe financial inclusion isn't about charity. It's about trust, dignity, and opportunity. Every day, over 32 million hardworking nano-business traders are forced to run on tiny margins, not because they lack ambition, but because the financial system wasn't designed for them. Alaafia is changing that.
Our Vision
At Alaafia, we've reimagined credit for the realities of everyday life. Our unique approach blends trust, culture, and technology into a Triple Layer Trust (TLT) system.
Our Mission
To unlock the hidden wealth of underserved people and places by providing fast, fair, and flexible credit built on trust, culture, and technology.
What Makes Us Different
Triple Layer Trust (TLT) Model
A unique verification system that blends social trust, local leadership, and smart technology — ensuring credit goes only to reliable, committed borrowers.
Daily Repayment Structure
Payments spread into small, manageable amounts — six days a week — designed to match the rhythms of informal trade.
People-Powered Growth
We don't just give loans. We help traders and farmers scale, rehire, and reinvest, turning micro-capital into sustainable livelihoods.
Culturally Grounded, Tech-Enabled
Our model is as local as the markets we serve, yet as scalable as the global technology powering it.
Our Impact So Far
These numbers aren't just metrics. They are families thriving, stalls expanding, apprentices trained, and hope restored.
disbursed to nano-businesses across Oyo State
supported across 5 geopoltical zones
on-time daily repayment rate — proving trust works
defaults during pilot phase
The Meaning of Alaafia
In Yoruba, Alaafia means peace, wholeness, and wellbeing. For us, it's more than a name. It's a promise — that prosperity should feel possible, even for the smallest trader, and that finance can finally work with the people, for the people, and by the people.
