Blockchain opens up Kenya’s $20 billion informal economy

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Janeffer Wacheke’s fresh-vegetable stall in Nairobi uses technology that’s helping crack a problem Kenyan banks have so far failed to solve — measuring the creditworthiness of traders in the country’s $20 billion informal economy.

The 40-year-old mother of two is among hundreds of small-scale retailers who can use her mobile phone to access loans to buy tomatoes, onions or bananas directly from producers and have them delivered by Kenyan startup Twiga Foods Ltd. That saves Wacheke a trip to the

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