Numida Technologies

Founded by : Ben Best, Catherine Denis, Mina Shahid
Launch / Founded : 2015
Industries : Finance, FinTech
Founded in : Uganda
Operating in : Uganda
Region : East Africa

Introduction / Background

Numida Technologies provides convenient and unsecured loans to Ugandan micro and small businesses.

They have three main service areas:

Digital Microfinance:

They support semi-formal micro and small businesses with digital working capital loans of $100-$5000 disbursed via mobile money.

Convenient Access:

Entrepreneurs can access credit in as little as 2 hours from the comfort of their business. No paperwork, no collateral, no long wait times.

Responsible Credit:

Their proprietary underwriting process enables them to verify businesses remotely and grow loan limits appropriately ensuring that Numida and their clients succeed.

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