Alternative Circle, founded by Kevin Mutiso (CE0) and Anthony Karuiki (CXO) in 2016, was started with a dream of revolutionizing the financial technology industry globally. The company's first product, SHIKA APP a micro lending mobile application was created to solve the problem of individuals unable to access loans since they lacked a credit history. SHIKA delivers loans to a users mobile money account in 180 seconds on the first loan, and in less than 60 seconds on all subsequent loans. On the back-end of the application we have built a credit rating algorithm that we call B.E.E (Business Evaluation Engine). It looks at over 2000 data points, including the local Credit Reference Bureau (CRB) data and behavioural data. The credit rating is done in less than 60 seconds and we are thus able to deliver the loan. The loans are between $5 and $200 and we charge a facilitation fee of 15% on the first loan and as B.E.E obtains more KYC (Know Your Customer) this fee will reduce. The application was also built with financial institutions in mind. These institutions need new channels to disburse micro-loans since they have no human capital or the infrastructure to give out micro loans. Alternative Circle has partnered with financial institutions, filling in that gap by letting it’s customers without a credit history access loans in a fast an easy way.These loans enables these individuals create a credit history with us that can be used to obtained bigger loans from financial institutions that we have partnered with. The application will be available on the Android playstore. All the features mentioned are operational and have been tested. We have already began to deliver loans. Initially we are starting with a beta test group of 1000 users, then we will ramp up marketing. Our target is to reach 1 million active users in 18 months. We raised $1.1 Million from CreditInfo in seed capital and $15 Million for our lending pool from financial institutions. We also have access to 200 developers and 25 data scientists through our strategic partnership with CreditInfo, therefore making it easy to scale in different markets.