Numida
Working capital for African micro businesses
Community-submitted · content unverified. This organization has not verified ownership or the information in this profile.
About
Numida provides working capital loans to African micro businesses. Instead of borrowing from informal lenders or family, micro business owners download the Numida app, apply in minutes, and receive capital within a day. We have figured out how to score and disburse unsecured loans to cash-based businesses that have no digital transaction history, while maintaining excellent collection rates. Since 2021 we have provided $23M in working capital to 32,000 businesses in East Africa. Numida is a Y Combinator company (Winter 2022). YC-listed status: Active.
- Website
- ug.numida.com
- Location
- Kampala, Central Region, Uganda
- Added via
- web
- Ownership
- unclaimed
Where to go
Products
- Numida — Mobile app that disburses working capital loans to African micro businesses within 24 hours of application. · App
Links
- Y Combinator profileycombinator