Aion - Financing Real World Assets for Business and Coops in Africa [CC9 - Minipay LaunchPad]

Hello Celo Community!

This is Jari from Aion Sol. (https://www.linkedin.com/in/ala-ruona/). After nearly 6 years of playing around with solidity and blockchain we finally found a home at Celo. Shared vision, mission and people with big hearts.

We are excited to introduce Aion, an initiative developed during our participation in Celo Camp 9 - Minipay Launchpad. Our mission is to empower the 40 million entrepreneurs in Sub-Saharan Africa who seek funding to purchase real business assets but face challenges due to lack of trust from financiers.

Aion leverages our web2 derisking protocol through which primarily cooperatives can finance businesses and farmers.

Our process builds on:

  • Real World Communities: Building trust within local and global communities.
  • Risk Assessment: Ensuring thorough and reliable risk evaluations.
  • Phone as Collateral: Utilizing smartphones to secure funding.
  • Credit History & Cash Flow Records: Providing transparency and credibility.

Key Highlights of Our Solution:

  • dApp for Small Business Funding: Simplifying access to funds for entrepreneurs.
  • Integration with Real World Assets: Enabling tangible, real-world investment opportunities.
  • Affordable Staking: Allowing stakes from as little as $5, making investment accessible to all.
  • Profit Sharing & Staking Models: Offering sustainable and profitable business models.

Our journey with Celo Camp 9 has been transformative, helping us refine our solution and expand our reach. We have already onboarded over 500 pilot clients and are generating significant traction in traditional and hopefully soon in web3 markets.

Meet Our Team:

  • Jari Ala-Ruona: CEO (FI), Co-founder
  • Hien Nguyen: Research and Data Analyst (VN)
  • Joakim Hedenstedt: COO (SE), Co-founder
  • Chris Munyankindi: Biz Dev (RW)
  • Radu Ancuta: CTO (RO), Co-founder
  • Jerome Dh: Senior Engineer (CM)

Our Contributions to the Celo Ecosystem:

  • DAO / DeFi Project Proposals Contract: Open-source contract development for the community. The contract is a multiparty funding contract with collateral. It’s here: https://github.com/raduaion/aioneer/

We are looking for early DAO contributors who can join as community hosts, web3 marketing specialists, developers, local DAO contributors to assess business opportunities. Consider expressing your interest on telegram.

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