Black Tech Founders, From Student Loan Debt to Student Loan Solution: Asha Farrah Co-Founder of Reducify
Picture this: You graduate with the weight of student loan debt on your shoulders, only to become an ex-pat looking for a debt-free life. That's the story of our guest today, Asha Farrah, the co-founder of Reducify. A fintech app that's designed to alleviate the burden of student loans. Asha's journey is not solitary but beautifully intertwined with her spouse's support and shared goal to achieve a debt-free life in three years.
Asha candidly shares her journey as a first-generation college graduate, being open about her financial situation and the inspiration behind Reducify. Together with her spouse, they transformed their financial struggles into a platform for helping others. Asha also emphasizes the importance of networking and forming strategic partnerships to support those in similar situations. She highlights the pivotal role of partnering with Historically Black Colleges and Universities (HBCUs) to help student loan borrowers get ahead of their debt and prepare for a better financial future post-college.
With grit and resilience learned from her time at Howard University and the GrowHU Accelerator program, Asha honed her entrepreneurial skills to transform Reducify into a revenue-driven business. With tales of her expatriate journey and experiences at HBCUs, Asha opens up about the importance of education and fortitude in achieving success. This episode is a testament to her journey of overcoming student loan debt, setting clear financial goals, and creating a platform to help others. So, tune in for an episode filled with valuable insights, personal experiences, and the power of grit in the face of financial struggle.