Page 18 - demo Golden pond document

A2pay investment proposal 17

The next 12 months:

• A2Pay Financial services will secure an additional R100million to support the loan book.

• AFS expect the default rate to be between 2-4% (budgeted at 4%).
• AFS expect 8 out of 10 merchants to qualify for a loan and 80% of those to secure rolling credit.
• The commercial ROI is evidenced in the financial projections.

• Roll out is facilitated as part of the pathways smartphone application and the coaching
infrastructure.
• Creditworthiness is conducted using NCR software.

• AFS expect capital to be invested in the following ways:
o Working Capital (stock), Capex and expansions related to the Spaza, Second Shops, back
rooms and Mini Wholesalers. This will all be evidenced on portal.

o Once capital has been accessed the next critical focus point is being able to purchase in
bulk.