Meet the Panelists: The Smart Way to Finance African SMEs and Have Banks Clamor to Partner – The Ovamba Case Study

On February 11th, 2016 join one of West Africa’s leading financial innovators, Ovamba Solutions in the first instalment of 2016 for Homestrings Investor Series Webinars. SMEs play an integral role in economic development, yet despite profitability and the ability to put up collateral for transactions, the majority of Africa’s small and medium sized businesses (~80%) have limited or no access to credit – severely limiting their ability to grow.

Founded by Marvin Cole and Viola Llewlyn, Ovamba created an integrated ecosystem of technical solutions, financing and services to solve Africa’s business funding challenges. Ovamba Solution’s addresses the needs of SMEs by facilitating access to finance through a  marketplace lending (p2p) model that allows retail and institutional lenders to bid on / acquire up to 50% of transactions made by regulated African SME lenders – all with full individual transaction level transparency.

The Homestrings-Ovamba SME Lending Fund provides an opportunity for Diaspora and global investors to invest in short-term syndicated financial transactions to low risk SMEs. Join Marvin, Viola and Roger Sheahan (Ovamba Solutions Board Member) in a LIVE webinar to discuss Ovamba Solutions and how you can be a part of their growth!

Register for the webinar here.


 

Webinar Participants:


 

marvin-cole.jpgMarvin Cole
Founder and Global CEO

Marvin Cole is the President, CEO, Founder, and Chief Leadership Officer of Ovamba Solutions, Inc.

At Ovamba, Mr. Cole brings best practice due diligence and deal structuring to the Ovamba platform. He oversees underwriting, pricing and analysis teams, and directs collaborative partnerships with banks and institutional investors.

Mr. Cole is a McKinsey & Company alum where he worked as a consultant in their Johannesburg branch. Prior to McKinsey, he was the co-founder of Praxis Asset Management and Praxis Management Advisors, boutique investment management consultancy firms that focused on emerging markets.

He has served as an M&A consulting advisor with Deloitte.


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Viola Llewellyn
Co-Founder and Global COO

Viola Llewellyn is the Chief Operating Officer of Ovamba Solutions, Inc.

Ms. Llewellyn oversees the execution of strategy, daily operations, marketing and new business development for Ovamba. She and her team also work closely with investors and African Civil Society Groups.

Her previous consulting roles have been in the health care, technology, media, education, security and communications fields. Ms. Llewellyn has over 15 years of project management and consulting experience from the technology and Government sectors in the United States.


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Robert Sheahan
Board Member

Mr. Sheahan is a member of the Board of Ovamba Solutions Inc. Mr. Sheahan is the Executive Vice President of Systems Made Simple, Inc.

Mr. Sheahan has provided business development and strategy advice to the board of directors since 2009. He oversees all sales and marketing activities including account management, proposal development and corporate strategy.

Mr. Sheahan started his career in information technology as a systems engineer for Electronic Data Systems (HP). He then joined Digital Equipment Corporation as a senior marketing specialist and later a sales executive for the U.S. Navy accounts.

In 1993, Mr. Sheahan joined Information Management Consultants, Inc. where he helped grow the company to $35M and graduate from the SBA 8(a) program.

Mr. Sheahan has been president of Pathfinders International, LLC, a government relations firm he founded in 1992 before joining the board of directors and executive management team of Systems Made Simple, Inc.

Mr. Sheahan has a 25 year history of assisting organizations develop and execute marketing and sales strategies to achieve rapid and sustained revenue growth. He studied business administration at George Mason University and Strayer University and holds a BSBA. He also did his graduate studies in economics at Virginia Polytechnical and State University in Blacksburg, VA.

For more information or webinar registration, please click here.

Homestrings Staff

Homestrings Staff

Homestrings staff provide fresh content on different topics of interest covering frontier and emerging markets such as infrastructure, oil and mining, real estate, agriculture, mobile money, remittances etc. The information is curated from major news portals focused on Africa, Asia, the Americas and Europe as well as major international news outlets such as Bloomberg or Reuters.

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