edanra Closing the credit gap

in Africa through rent.

Edanra provides credit through
residential rental units

by facilitating monthly rent payments and

helping tenants build credit.
 Defrauded!
All this started because our co-founders,
Bill and Alfred, were defrauded by an agent.
 there are 6 million
tenants like us in Ghana.
 We're at the mercy of....
Fraudulent brokers &
high middleman fees.

A market with a 2M Landlords who demand

housing units deficit. upfront payment for 12-24
months leases.
We contended the
middleman problem
August 2022
August 2022 $112k Transaction
72K Users Volume

August 2022
March 2021
2,105 Tenants
Launched
Marketplace
this was
not enough
There was a call for a
more comprehensive
solution!
 Tenants resort to
Why? high interest,
collateral loans
from banks and
loan sharks.

Landlords still
demand upfront
payment for one
to two year leases .
We came up with a solution where:

Landlords can
Rent is paid maintain cashflow
monthly and recruit vetted
tenants

Tenants can find Tenants build

homes & avoid credit profiles from
fraudulent brokers rent payment
 For tenants,
this means:
Fraud Protection Saved from high interest
loans from banks & loan sharks

Improved Financial Health Access to Credit

 Unit Sourcing Inspection + Onboarding

Tenant vetting + Sub-letting

How it
Monthly payments

Communication

works: Credit profiling

 30 % 8-10 %

How do
we make Interest on monthly Service fee

money? payments

That’s $400 for every *$1000.

*Average rent per annum.
 You have no idea the
financial burden you guys
have lifted off me. Obeng
Ayesu

Feedback
has been
I could not believe such
a service existed in Ghana.
Richard

great! Mensah
The 2.4BN annual
opportunity in Ghana

400
$
40% of average
annual rent cost

6M viable tenants $2.4 Billion annually

The journey
so far

JUNE 2023
18 Units
APRIL 2023 MAY 2023 & Tenants
Launched 2K+ User
new tech Accounts

GMV: $22K

Waitlist:
800+ Tenants
 Next Steps

OCTOBER 2023
70 Units &
Tenants DECEMBER 2024
NOVEMBER 2023
GMV: $5M
SEPTEMBER 2023 FNBank
Convertible Partnership
Debt: $50K GMV: $100K
Edanra’s goal is to close the
credit gap in Africa through
properly-recorded and
documented rent data
 Who are we?

Alfred Asare CTO Jerome CPO Bill CEO Isaac COO

Amoah Cordjotse Cobbinah Sarfo

Mechanical Engineering
major from KNUST, Ghana.
Full Stack Software Engineer
at Acrome Robotics.
Electrical Engineering major
from KNUST, Ghana. Software
& Service Engineer, Mantrac
Ghana Ltd.
Petrochemical Engineering Physics Major from St. John's
major from KNUST, Ghana. University, New York. Data
Fellow at Ghana Robotics Scientist & AWS Certified
Academy Foundation. Architect. Ex-venture
associate, Starta VC.
Noah Operations
& Marketing
Samuel Tech Nana Product & Research

Larsey Odenkey Antwi

Computer Engineering
major from KNUST, Ghana.
Operations at DryveAfrica.
Design Lead at Beyond
Accra.
Biological Science Major Chemistry Major from Cornell
from KNUST. Software University. MS, Computer
Engineer at 4th-IR. Science, Columbia University.
Ex Founder at wevops. Ex Synopsys Inc. Ex WorkSchool.
Say hi.

yourfriends@edanra.com