3 out of 4 MSMEs in Uganda identify access
to credit as their greatest growth constraint. 


The Economic BACKBONE

The estimated 450,000 micro, small and medium enterprises (MSMEs) generate 90% of private sector production and create 4 out 5 new jobs in Uganda. When these businesses thrive, the local economy flourishes and the standard of living improves. Without financing, however, their operations are severely limited.


POWERFUL Data

Starting from a place of improved financial management, we help small businesses easily digitize their financial records. With these records and Numida's in-app coaching entrepreneurs are equipped to make better business decisions in order to maximize profit, reduce expenses, manage inventory and much more.


RESPONSIBLE LOANS

Numida's proprietary algorithm uses cash flow and financial management behavioral data gathered through our app to determine an entrepreneurs credit-worthiness and issue an unsecured loan. By focusing on improving financial literacy for small business owners we greatly increase their ability to manage that capital, reducing lending risks and maximizing growth.

 

We are starting in Uganda, but in total there are 22 million MSMEs across sub-Saharan Africa who need credit. This represents a $130 billion credit opportunity!
 

 
 
 

 

 
 

Meet Our Team

Currently based in Kampala, Uganda, our tight-knit team includes passionate people from the social enterprise, development economics and technology worlds. We are committed to building things together with people we love!
 

 
                 Catherine Denis              Co-Founder, Co-CEO  

                 Catherine Denis
             Co-Founder, Co-CEO

 

                     Chris Stern                 Product Manager  

                     Chris Stern
                Product Manager

 

          Ronnie Musobozi Customer Service Specialist

          Ronnie Musobozi
Customer Service Specialist

                    Mina Shahid              Co-Founder, Co-CEO  

                    Mina Shahid
             Co-Founder, Co-CEO

 

          Benon Mugulusi   User Acquisition Manager  

          Benon Mugulusi
  User Acquisition Manager

 

           Faran Sikandar          Business Analyst

           Faran Sikandar
         Business Analyst

                         Ben Best                    Co-Founder, CTO  

                         Ben Best
                   Co-Founder, CTO

 

        Marc-André Simard            Financial Analyst  

        Marc-André Simard
           Financial Analyst

 

        Vanessa Nankanja        Office Administrator

        Vanessa Nankanja
       Office Administrator

                     Luke Tyson                        Product Advisor  

                     Luke Tyson     
                  Product Advisor

 

                Claudia Lo    Credit Operations Manager  

                Claudia Lo
   Credit Operations Manager

 

        Shamim Nambooze             Office Steward

        Shamim Nambooze
            Office Steward


 
 

GET IN TOUCH

Interested in learning more about Numida, have a
question or want to collaborate? We'd love to connect!

 
 

JOIN US

Ready to use your skills for social good? Motivated
to solve systemic problems? Join our team!