Kuba is an an emerging market-focused platform that aims to formalise informal enterprises while providing the digital business tools needed to facilitate easy access and trade between big businesses and small enterprises.
Due to procurement policies and formalised contracting, small to informal enterprises who often have the necessary skills and experience to compete in the formal economy lack the access and visibility to receive substantial contracts and jobs. They often lack administrative and support services such as invoicing and project management tools which are growth limiting factors for them in a competitive and ever-changing market, as such these businesses are often relegated to the informal market.
Kuba addresses this problem by using smart tech to simplify trading between the formal and informal markets. Our platform provides free quoting and invoicing tools and facilitates the whole transaction from finding a suitable supplier to processing the payment through an accredited payment gateway to ensure maximum safety and transparency. The platform can also serve as a supply chain management tool for big companies that want to work with small businesses to efficiently manage their decentralized procurement needs.
Kuba also provides industry wide analysis and market insights to various stakeholders who seek to understand the changing trends of the SMME (Small, Medium and Micro Enterprise) landscape and how these changes impact their businesses and industries. We consult to private firms and public institutions to bridge the information gap between formal and informal economies, various markets, competition and other industry related research.