This episode features Ogholi Kelvin, Cofounder & CEO at CoTrust Equity
CoTrust Equity is a finance and credit-providing company that harnesses extensive knowledge of target audience peculiarities and cultures to provide unique credit plans to banked and unbanked in the rural/sub-urban MSMEs in Nigeria and sub-Saharan Africa.
Prior to launching CoTrust Equity, Kelvin founded Unfire which was focused on reducing the cost of feeding poultry. You can check out his pitch at the unreasonable institute here.
We met during the Chivas - The Venture Pitch competition in 2015.
During this episode we discuss:
The problem he was solving with Unfire.
Why running Unfire was unsustainable.
Challenges of building in Nigeria.
Why he started CoTrust Equity?
Default rate on the platform and his business model.
Sacrifices he has made as the founder to keep the light on
Fintech Space in Nigeria and future plans for CoTrust Equity.