WDR 2022 Video | Dorron Mottes: Founder & CEO of NFRNDS

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00:09 Hi,

00:09 I'm Daw Maltes,

00:10 the founder and CEO of End Friends.

00:12 We all have seen how the global value chains were hard hit by the pandemic.

00:16 We at End Friends saw how the traditional network and

00:19 emerging markets were even hit harder since they're based on cash

00:23 and have no credit and no tech.

00:26 From our experience,

00:27 lending money

00:29 to micro vendors is not the most efficient solution.

00:33 The best way to

00:35 finance micro vendors is to provide them with products.

00:39 However,

00:40 even if you have a good solution to provide those products,

00:43 you have to see how they flow through the value chain in an efficient manner.

00:47 And in order to do that,

00:48 we believe that the right way to do that is to finance the entire value chain.

00:52 Exactly what we're doing

00:55 at End Friends,

00:55 together with the support of IFC and other partners like Coca-Cola,

00:59 and together with our local partners,

01:01 uh,

01:02 our local wholesaler partners

01:04 and our technology,

01:05 we are able to create an efficient network of local warehouses

01:08 that together with the data,

01:11 um,

01:12 and,

01:12 uh.

01:14 Our attack we're able to provide

01:16 sophisticated.

01:18 Financing for the entire value chain.

01:20 This enables to create a much more efficient network

01:24 and drive

01:26 much better prices to 80% of the population in emerging markets.

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Hi, I'm Daw Maltes, the founder and CEO of End Friends. We all have seen how the global value chains were hard hit by the pandemic. We at End Friends saw how the traditional network and emerging markets were even hit harder since they're based on cash and have no credit and no tech. From our experience, lending money to micro vendors is not the most efficient solution. The best way to finance micro vendors is to provide them with products. However, even if you have a good solution to provide those products, you have to see how they flow through the value chain in an efficient manner. And in order to do that, we believe that the right way to do that is to finance the entire value chain. Exactly what we're doing at End Friends, together with the support of IFC and other partners like Coca-Cola, and together with our local partners, uh, our local wholesaler partners and our technology, we are able to create an efficient network of local warehouses that together with the data, um, and, uh. Our attack we're able to provide sophisticated. Financing for the entire value chain. This enables to create a much more efficient network and drive much better prices to 80% of the population in emerging markets.

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WDR2022 TPV DorronMottes Draft01

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WDR2022 TPV DorronMottes Draft01

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