FewChore

Fewchore Finance Company Limited is a licensed financial services firm in Nigeria, offering consumer and business lending, trade financing, and savings solutions. Since 2017, they’ve disbursed over ₦40 billion in loans to 7,000+ customers, achieving a 98% customer satisfaction rating and an 85% Net Promoter Score.

Industry Vertical

Financial Services – Digital Banking and Lending

The Challenges

Fewchore Finance relied on the Fewchore App to handle key services like funds transfers, bill payments, and loan management. However, their existing cloud infrastructure couldn’t keep up with their growing customer base. The app needed a more scalable and reliable platform to support their expansion plans. Minimal downtime and enhanced performance were non-negotiable for Fewchore’s operations, thereby making a move to AWS the perfect solution.

Solution

Softgem designed and implemented a tailored AWS migration for Fewchore, ensuring their digital infrastructure could handle current demands while preparing them for future growth.

Here’s what we delivered:

1. Compute Power: We deployed two Amazon EC2 instances across different Availability Zones (AZs). This ensured that even if one server went down, the other would take over seamlessly, maintaining high availability.
2. Scalable Storage: AWS Elastic File System (EFS) was implemented for file storage. It integrates easily with EC2 and grows with Fewchore’s needs, offering both reliability and flexibility.
3. Database Support: We configured MongoDB on AWS, adhering to Fewchore’s operational requirements and ensuring smooth integration with their existing workflows.

Results

• Seamless Migration: The switch to AWS was completed with minimal downtime of less than 2 hours, ensuring uninterrupted service for Fewchore’s customers. This swift migration kept business operations running smoothly without impacting user experience.
• Boosted Performance: Post-migration, the Fewchore App showed a 30% improvement in speed and efficiency, allowing users to complete transactions faster and enjoy a more seamless experience.
• Future-Proofed Scalability: With AWS’s scalable infrastructure, Fewchore can now confidently support its growing customer base of over 5,000 active users. This setup ensures the app remains reliable even as demand increases, giving Fewchore the flexibility to expand without limitations.