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Microfinance Company Seeking Loan in Nakasongola, Uganda

Company that is involved in dairy farming and short-term lending of operational loans.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 13 thousand
Run Rate Sales USD 16 thousand
EBITDA Margin 10 %
Industries Microfinance + 1 more
Locations  Kampala + 1 more
Local Time 3:36 PM Africa / Kampala
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 13 thousand for 10.0% annual interest, 5 years (Native Currency: UGX 50,000,000)
Reason: Working capital to disburse bigger loans.
Collateral Available: USD 67 thousand
Includes physical assets worth USD 12 thousand
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Business Name
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Business Overview

- Business is involved in short-term lending, and the production and sale of dairy products.

- We have our own farm and produce dairy products like yoghurt, ghee, amazzi (amasi), and meat products.

- The company began money lending operations in January 2022, with working capital of UGX 6.5 million (USD 1,800) and so far we have reached a working capital of UGX 10 million (USD 3,000).

- Have 89 money lending clients who are involved in the transportation and dairy industry. This includes milk vendors and dairy farmers.

- Only 4 clients have defaulted on monthly payments.

- We charge a 20% monthly interest rate, and loan durations are between 1 to 3 months.

- Lowest loan disbursal is UGX 100K, a client is eligible for a bigger loan of UGX 500K after diligent repayment of the first loan.

- We would like to expand operations and serve big-ticket clients who wish to take loans of UGX 5 million for land and vehicle purchase.

- We have reinvested all our profits from the lending activity and our lending capital has grown from UGX 6.5 million to UGX 10 million.

- Dairy operations form 30-40% of our revenue.

- Two owners with each having a 50% stake in the business.

- The business is debt-free and has no bank loans.

Products & Services Overview

Short term loans for working capital, dairy products distribution ghee and yoghurt, dairy animals farming.

Assets Overview

The business assets include customer database, office furniture, goodwill, microfinance license from the Uganda Microfinance Regulatory Authority.

The owners own around 50 acres of land and have been given agency to operate another 200 acres by their relatives.

Part of the 50-acre land may be used as collateral for this loan.

Facilities Overview

We have a rented office in the city of Kampala. Our farm of over 250 acres is located 120 kilometres north of Kampala.

50 acres are owned by the company owners, the company maintains and works on 200 acres of land that is owned by their relatives. No rent is paid for the land.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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