Naira Manager is designed to help Micro, Small and Medium Enterprises manage their businesses with ease by providing solutions around business visibility, valuation, book keeping and business modelling while you are on the go.
The growth of Micro, Small and Medium Enterprises (MSMEs) directly correlates with economic growth and in the level of employment throughout Nigeria. According to the Small and Medium Enterprise Development Agency of Nigeria ( SMEDAN ), MSMEs represent one of, if not the most important sector of our economy. They currently represent 96% of the businesses in Nigeria and contribute 75% to national employment. Of the 17.2 million MSMEs in Nigeria, over 17 million are micro-enterprises.
However, amongst the prevailing challenges of this sector is poor access to Business Development Service (BDS) and financial development. This is where Naira Manager steps in with its easy-to-use solutions for MSMEs.
What’s the Deal with Naira Manager?
It is a web-based financial solution for MSMEs. Founded on February 15, 2017, it is designed to boost financial inclusion and probity among the millions of MSMEs operating in Nigeria and elsewhere across the globe.
The platform features business planning and management tools such as financial intelligence, business modelling, payment system, forecasting, real time financial analysis, business information, business networking and loan/grant application.