Aloi is a software that monitors the end-use of informal sector micro-business loans. Through increasing insights into where and how loans are spent, we help focus business loans on business, leading to increased investment and subsequent return on investment. Financial institutions use Aloi to disburse digital token loans to micro-entrepreneurs. The loans can only be spent within an ecosystem of accredited vendors (e.g. livestock loans only for livestock vendors). 

To increase inclusivity, our user interface is through SMS and does not require mobile internet or smartphones. This means our software is usable on 100% of phones, without the need for version updates. We increase responsible financial access for micro-entrepreneurs.

Similar to an automatic audit, agripreneurs gain more access to more/larger loans through conditional loans, which is especially helpful to the “missing middle” of micro-enterprise financing. We also help agripreneurs grow their credit history. As our data is interoperable with different financial institutions, this leads to more choices for future loans. 

We are powered by the hyperledger blockchain to increase security, transparency, and the possibility of smart contract integration in the future.