The Factory Founder Podcast EP2: Access to asset finance with Kaivan Sattar

The Factory Founder Podcast

Kaivan Sattar is the Founder and CEO of Asaak. Asaak provides asset financing to boda boda drivers in Uganda - enabling them to own their own motorcycles on credit. Drivers are also given access to microloans for fuel, smartphones, and personal loans.

In this Factory Founder Podcast episode, Kaivan breaks down how Asaak is promoting financial inclusion by offering underserved grassroots entrepreneurs democratised access to much-needed asset finance.

What to look forward to in this episode:

• Asaak's origin story [0:29]
• Catalysing productive asset loans to emerging market entrepreneurs [01:33]
• Offering asset financing for boda drivers [01:52]
• Kaivan sizes the market Asaak is playing for [03:06]
• How Asaak is engaging a partnerships-based approach to business growth [05:50]
• Leveraging a B2B2C model for shared wins [07:11]
• Asaak's customer retention framework [09:21]
• Why tech-enabled customer relationships are essential [10:22]
• Asaak's competitive advantage [13:18]
• Community building as a tool for acquiring customers [16:12]
• The significance of commercial partnerships in creating valuable products and services [17:33]
• Securing loan repayments and dealing with slippery customers [18:53]
• Keeping the customer at the heart of scaling efforts [21:06]
• Asaak's traction to date [22:57]
• Meaningful contribution to countering climate change and lowering carbon emissions [24:03]
• Asaak's plans for geographic expansion [26:32]

CONNECT VIA SOCIAL MEDIA:

• Connect with Kaivan Sattar on LinkedIn.
• Connect with Asaak on LinkedIn.

Tell us...

• What lessons stand out from this episode?
• What questions would you like us to ask Founders on a future podcast?

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