Jia crosses $2 million in blockchain-based microfinance originations

Jia
Jia.xyz 🌍🌏🌎
3 min readJan 30, 2024

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Hello Jia-raffes!

We are thrilled to announce a major milestone in our journey to unlock growth for small businesses in emerging markets.

Jia has successfully crossed the $2 million mark in originations, marking a significant leap in our mission to expand financial access where it is needed most.

It took us 11 months from our launch in January 2023 to hit $1 million. It took us just 2 months to double that and reach $2 million.

Just a few Jia-raffes in Manila celebrating the $2 million milestone Filipino style with karaoke. πŸ¦’πŸ‡΅πŸ‡­πŸŽ€

Our commitment to financial inclusion is at the core of everything we do, and reaching the $2 million mark is not just a number for us β€” it represents the tangible impact we are making in the lives of small business owners.

This rapid growth is a testament to the dedication and hard work of our team, as well as the trust and support of our valued partners and customers, like Francis Njoroge, a spice vendor we met through our partner SasaPay. Francis was one of our first borrowers in Kenya and has continued to grow with Jia. Watch his story here:

https://www.youtube.com/watch?v=AYZXDPqEwIo

Behind the scenes, there are countless stories of our team going above and beyond, ensuring that every small business owner we serve receives the support they need.

We want to give a special shoutout to one of our outstanding team members, Grace Gitari from Nairobi, Kenya. From staying up late to help a fruit vendor understand his repayment schedule to teaching the team how to do TikTok dances to Afrobeat hits (you should see our Jia-raffe rendition of King Promise’s β€œTerminator”!), Grace has consistently leveled up Jia’s game by bringing both outstanding customer service and infusions of creativity and fun.

Reaching this milestone is a testament to the dedication of our team members like Grace Gitari, our queen of customer service, who is unwavering in her commitment to helping Kenyan entrepreneurs grow.

As we celebrate this achievement, we want to express our gratitude to our growing community. Your trust and belief in Jia have fueled our journey, and with team members like Grace, we are more determined than ever to continue making a difference.

At Jia, our mission is clear: to bridge the credit gap faced by entrepreneurs in emerging markets, a challenge that is measured in the trillions. We believe that every business, regardless of its size or location, deserves the opportunity to thrive.

We are excited about the possibilities that lie ahead and look forward to reaching many more millions in originations as we relentlessly chip away at the multi-trillion dollar credit gap.

Stay tuned for more updates, small business success stories, and milestones as we work together towards a future where financial access knows no boundaries.

Thank you for being a part of this journey!

If you’d like to invest in small business growth in emerging markets with Jia, please visit our pool page on Huma Finance or write to us at invest@jia.xyz.

If you’re interested in unlocking financing for your business, your distribution network or your supply chain, please reach out at hi@jia.xyz!

P.S. We’re hiring in the Philippines! If you’d like to work with us, say hi at careers@jia.xyz!

Grace and Mark from Jia Kenya throw up ✌️s for $2 million!

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Jia
Jia.xyz 🌍🌏🌎

Jia is expanding financial freedom around the globe. 🌍🌏🌎