Numida

Providing working capital to financially excluded micro and small businesses in Africa.

Sector(s)
Financial Services
Countries Impacted
Uganda
Cumulative Impact
22500
Women's Economic Power
Yes
Program Year(s)
2018
Operating Status
Operating
Headquarters
25 Cumberland Lane, Suite 208, Ajax L1S7K1, Canada
decent work and economic growth
no poverty
industry, innovation, and infrastructure

Description

Numida is a rapidly growing digital microfinance institution (MFI) in East Africa focused on serving micro- and small businesses (MSBs). Thanks to our proprietary technology and credit processes, we provide convenient and unsecured working capital to micro and small business owners who are excluded from the traditional financial services industry, resulting in high portfolio yields and a high impact on our borrowers’ livelihoods.