Mastercard Foundation 2019-2020
Sebie is developing Tenakata, a financial inclusion venture in Kenya. There are over 2 million Small and Medium Enterprises in Kenya (SME’s), and many of them do not keep records and lack business training. Through Tenakata’s platform SME’s will be able to manage their day to day business, and have better access to funds for expansion through availability of their financial records and credit scores.
Sebie was born and brought up in Kibra Slums, Nairobi. He was inspired mainly by two people: his mother, a tailor entrepreneur running a small business in the outskirts of the city; and his close friend who managing a small fashion retailer shop. Through them he recognized many of the challenges businesses face when it comes to maintaining records and getting loans from financial institutions. With 15 years' experience developing Fintech solutions for financial institutions, Sebie is well positioned and motivated to build this venture.
Sebie completed high school at the Starehe Boys Centre – a school for the under privileged boys in Kenya. His passion for technology was seeded in high school when he was selected to be a computer-room supervisor at the age of fourteen. After high school, Sebie received a BSc in Statistics from the University of Nairobi. He also holds a Diploma in Computer Systems Design. Sebie is Microsoft Certified Professional. Sebie is an Executive MBA Candidate at the MIT Sloan School of Management.
KEPSA CEO meets Tenakata boss on sme empowerment partnership
On 4th February 2021, KEPSA CEO, Ms. Carole Kariuki Karuga hosted Mr. Sebi Salim, Co-Founder and CEO of Tenakata and Eclectics in KEPSA Offices. The discussion of the meeting centred around partnership opportunities that would provide a robust technology platform to the micro, small and medium enterprises (MSMEs) loan beneficiaries, to manage their cash flow data reliably and build their networks.
As Audre Lorde remarked, “I am not free while any woman is unfree, even when her shackles are very different from my own." Indeed, at Tenakata we truly believe in empowering our women - who are not only our mothers, sisters and friends, but also our treasured partners in a majority of the #MSMEs we support on our Tenakata platform!
Daniel Mbwenga Kayimba runs a Fitness Centre in #Nairobi. He talks to us about his business. One of the benefits of using the #Tenakata #App is the Reminder Feature. It helps the business owners send SMS follow-ups to their #debtors. We in #Tenakata continue to #Empower #Micro, #Small and #Medium Enterprises #business #entrepreneurship #innovation #startups #Fitness