
Securing New Markets: Kariba Textiles’ Export Triumph
Summary
Kariba Textiles had been hesitant to pursue East African contracts due to payment risks. After engaging CredSure’s Export Credit Insurance, they secured a USD 250,000 order in Kenya within three months.
Key Highlights
- Challenge: Concern over buyer insolvency in a new market.
- Solution: Policy covering 90% of receivables.
- Outcome: 100% on‑time payment, 15% revenue growth, and a long‑term distribution partnership.