Home Latest Insights | News Tekedia Capital Portfolio, Ginger, Launches Ginger Credit for Beauty Wholesalers

Tekedia Capital Portfolio, Ginger, Launches Ginger Credit for Beauty Wholesalers

Tekedia Capital Portfolio, Ginger, Launches Ginger Credit for Beauty Wholesalers

Tekedia Capital backed Ginger and supported Ejiro Enaohwo on her mission to make beauty products accessible to all people. Along this entrepreneurial journey, Ejiro has demonstrated remarkable tenacity, resilience and operational excellence, building a company that is transforming beauty distribution across Africa.

Today, I am excited to share another milestone: Ginger has launched Ginger Credit!

This is a game changer for beauty entrepreneurs who need working capital to grow their businesses. Through Ginger Credit, beauty entrepreneurs can access wholesale products from verified suppliers or finance their purchases, with flexible repayment terms of 30, 60 or 90 days, without collateral.

Think about that: you have customers, you understand your market, and you have opportunities to grow, but working capital is holding you back. Ginger wants to remove that friction.

Today, Ginger connects more than 300 beauty brands and suppliers with wholesalers across Africa. With hubs across Africa and headquarters in New York City, the company is building an increasingly important infrastructure for beauty commerce, helping ensure that quality beauty products reach markets and customers.

At Tekedia Capital, we invest in entrepreneurs who identify important market frictions and build companies to overcome them. Ejiro and her team are demonstrating that mission through Ginger. If you are a beauty wholesaler or entrepreneur looking for working capital, I encourage you to explore Ginger Credit. Visit www.gingerme.io to learn more.

 


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