OVERVIEW. .your loan in a minute

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2 OVERVIEW inuka Pap is a mobile platform that partners with Credit unions and co-operatives in Africa to provide their members with access to instant pre-approved loans. Our customers are in rural Kenya, where 16,000 registered credit unions exist to serve the unbanked. SACCOs operate like traditional brick-and-mortar banks, meaning that members have to walk long distances to deposit their money in these institutions physically, and then have to go back again, physically, during businesshours, to accessthemoney they have saved. The normal loan process takes up to 2 weeks and the inconvenience of depositing and withdrawing money from SACCOs makes it impossible to access credit quickly in the case of an emergency. We have developed a mobile platform that partners with SACCOS to allow Subscribers to access instant micro-loans through their phones, giving them access to money when they need it most.

3 CO-OPERATIVE LENDING PROCESS Current Procedure (1 week, 2 trips) Application filed in person (1 hour) Loan approved (14-60 days) Check deposited in person (2 days) inuka Pap Model <1 minute, via USSD USSD request sent Pre-approved loan confirmed (<30 seconds) Amount deposited through mobile money (<30 seconds)

4 WHY USE INUKA PAP? The instant emergency cash advance service allows a customer, through their mobile phone, to request certain amounts of money. The money is made accessible to them instantly. Key customer value propositions Real time processing of cash advance. Convenient delivery channel (mobile wallet service)of micro loans, deposits and repayment. Service protectscustomersagainstthemselves. (onecannotborrow % more thatthey qualify for) IMMEDIATE BENEFITS FOR SACCO Benefit Discussion Volume Enhancement Increased Penetration The provision of instant emergency cash advances results in an increase in amountofmoney borrowed. This also increases revenue and profits made. Instant emergency cash advance is a first of its kind to saccos hence there will be an increase in the number of unique users. This service will lead to new memberships.

5 SACCO BENEFITS Benefit Discussion ARPU enhancement EBITDA enhancement Brand enhancement This solution enhances the ARPU of the sacco members as it will generate additional interests from convenience in depositing ofsavings and easily accessible loans The resultantarpu enhancementfromthe solution willrequire no incremental Operating costs which will help the sacco expand EBITDA margin for each customer In a maturing sacco environment, these instant emergency services enhances the sacco sbrand, engenderloyalty and reducechurn. Low repayment risk The relationship allows the sacco to advance instant micro-loans services to its customers. All the loans advanced are secured members savings. Multiple denomination Platform for other services inuka Pap offers the advances in a number of denominations based on or as advised by the sacco. This enables a larger proportion of sacco members base to qualify regardless of their ARPU Distribution of financial services is one of the most promising VAS for saccos. This solution provides the requisite data and test case to enable further development of similar instant emergency finance services. This also increases the sacco brand value, customer loyalty and stickiness to other products.

6 How it works inuka Pap Limited proposes to enter into an Agreement with The Saccos to provide instant emergency Financial Services to its members through the inuka Pap proprietary platform. The following credit services can be provided: inuka Pap emergency cash advances Emergency power advances Emergency airtime advances Micro-insurance services INUKA PAP ROLE SACCO ROLE Provide platform to deliverthe service Fund all capital expenditure Oversee the project implementation process in collaboration with the sacco s team Provide supportand monitoring Give inuka pap access to its system Give inuka pap access to historic data for risk assessment Promote the service amongst members Fund cash float required to support the services

7 CUSTOMER EXPERIENCE Mobile Money home page shows instant emergency services Customer selects the type of service they want to access Customer selects amount of cash to be advanced

8 CUSTOMER EXPERIENCE (cont d) Successful advance is confirmed Some of the automated sms interactions

9 CUSTOMER ACQUISITION PROCESS Discovery Design Development Deployment Agreements between sacco and inuka Pap Limited Agreeing execution timetable Exchange oftechnical information Conduct needsanalysis Develop preliminary commercial case Development of technical design Finalize technical design Product name Develop customer experience and scripts Develop User Acceptance Test framework Presentation ofproduct design to stakeholders Servers in Data Centre Integrationof servers into sacco network Analysis of customer data for profiling Conduct System Stress Tests Conduct User Acceptance Tests with sacco Customer care training Putting funding into the Master Wallet account Test and review Invoicing, Payment & Reconciliation with Finance team Beta Launch with select base Full Launch 1 weeks 1 weeks 1 weeks 1 weeks

10 KEY LEARNINGS AND NEW SOLUTION Loan Usage 30% of loans were borrowed to cover insurable risks such as medical bills, maternity and last respect. Other users There were thousands of users reaching out to us directly on requesting to join inuka Pap but were not part of any co-operative Solution We have now opened up the platform to the public allowing them to save money and borrow loans. Since we are not sharing revenue with a co-operative, we will share revenue with subscribers but in form of the first free medical cover in Africa, and have signed an agreement with Britam insurance. This disrupts how insurance is acquired and gives us a tremendous competitive advantage. Currently testing with 50 users

11 OUR FUNDING ASK 18 MONTHS Equity $500, months run way Debt $600,000 To Lend to existing customers This will not only leave us at break even, but it will also leave us at a great spot to access the capital markets again and move to new markets

12 TEAM OVERVIEW Waweru Kuria CEO 9 yrs experience in insurance George Kabugi CMO Over 10 yrs experience in sales marketing and finance Victor Mutui Finance Worked for a company with presence in 0ver 150 countries Chege Maina IT support 2 yr experience in fintech Wanjiku Karanja Operations Graduate with 3 yrs experience in operations Lawrence Joffe CTO Over 10yrs CTO experience in stock exchange market and big data Lecturing at MIT Mary Wambui Customer Relations Graduate with 1 yr of experience in PR

13 CONTACTS Waweru Kuria, CEO Cell : wawerukuria@inukapap.co.ke George Kabugi, CMO Cell: info@inukapap.co.ke Office The Foundry office floor, Nelleon Place, Rhapta Rd. Westlands Nairobi Kenya P.O. Box Nairobi, Kenya Phone: info@inukapap.co.ke Website: