Transform Your Financial Strategy: Partner with Ghashful

Become Finance Partners

Ghashful is an AI-driven aggregator platform that facilitates mobile phone purchases for individuals and business communities, including SMEs and corporates. The platform partners with banks, financial institutions (FIs), and microfinance institutions (MFIs) to finance these purchases, offering new customer acquisition opportunities for financial partners.

Eligibility Criteria

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Bank and FI Eligibility

  • Must be a registered bank or financial institution with appropriate licenses to operate in the territory.
  • Must have a proven track record of financial stability and customer satisfaction.
  • Must adhere to regulatory requirements and comply with local laws regarding financial products and services.

MFI Eligibility

  • Must be a recognized microfinance institution with a history of supporting underserved communities.
  • Should demonstrate strong outreach capabilities in rural and semi-urban areas.
  • Must have established mechanisms for loan recovery and customer relationship management.

Partner Responsibilities

Customer Financing

  • Partners will provide financing to eligible individuals and businesses for purchasing mobile phones through Ghashful's platform.
  • Partners must ensure that loan terms and conditions are clearly communicated to the customers, including interest rates, repayment schedules, and penalties for defaults.

Customer Onboarding

  • Banks, FIs, and MFIs are responsible for the due diligence and KYC (Know Your Customer) processes before extending any financing.
  • Partners must onboard customers efficiently, ensuring a seamless experience on the Ghashful platform.

Data Sharing and Security

  • Partners must comply with data protection laws and Ghashful's data-sharing policies.
  • Customer data shared with Ghashful should be accurate and up-to-date, and partners must ensure its confidentiality.
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Benefits of Partnership

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Revenue Growth

  • Increase loan product sales by financing mobile phone purchases.
  • Benefit from a streamlined loan approval process and digital infrastructure provided by Ghashful.

Brand Visibility

  • Enhance brand visibility and reputation by being associated with an innovative, AI-driven platform.
  • Co-marketing opportunities with Ghashful, including digital campaigns and joint events.

Risk Management

  • Leverage Ghashful’s data analytics to better assess customer risk profiles and reduce default rates.
  • Option for portfolio insurance coverage to mitigate the risks associated with loan defaults.

Compliance and Reporting

Regulatory Compliance

  • Partners must ensure full compliance with all applicable financial regulations and guidelines.
  • Regular audits may be conducted to verify compliance with Ghashful’s partnership terms.

Reporting Obligations

  • Partners are required to submit regular reports on customer financing activities, loan performance, and any defaults
  • Any issues related to customer dissatisfaction or loan disputes must be reported to Ghashful immediately.
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Termination of Partnership

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Termination by Either Party

  • The partnership may be terminated by either party with a 30-day written notice, subject to the completion of all pending transactions.
  • In the event of a breach of terms, Ghashful reserves the right to terminate the partnership immediately.

Post-Termination Obligations

  • Upon termination, partners must return all Ghashful-provided materials and cease using the platform’s branding.
  • Any outstanding loans must be managed in accordance with the terms agreed upon before termination.