Fintech Businesses Seeking Loan in Najjera

Uganda-based FinTech company that has been operational for 9 years but with major breakthrough from September 3 years back. - We matched USD 686k in credit last year, a significant increase from USD 27k in the 3 years back, and surpassing 2,000 downloads. - This was among only 24 lenders spread across Uganda (12) including 2 investment clubs, Japan (8), South Africa (2), Australia (1) and the UK (1) - We've matched a total transaction volume of USD 1,200,000 from September, 3 years back to date across 224 borrowers. - We've generated sales revenue of USD 163,000 and a net profit of USD 65,000 between the same period. - We continue to manage an active loan portfolio of $660,000. - We have experienced CAGR of 485% between FY20 and FY23, driven primarily by an increase in both borrowers and the amount borrowed on the platform. - Our EBITDA margins have significantly improved, rising from -267% in FY20 to 40% in FY23. - The average lending rate of our lenders as of the past year has been 6% per month on reducing the balance amortization method. - We have, twice, been awarded the Digital Impact Africa Awards certificate of excellence in the presence of stakeholders from both the private sector and government including the Minister of I. C. T. - In July 2024, we were the 1st runner-up in the Uganda-Japan (UJ) Connect business accelerator program/competition earning us a trip to the GITEX event in Dubai in October, 2024.

Uganda-based FinTech company that has been operational for 9 years but with major breakthrough from September 3 years back. - We matched USD 686k in credit last year, a significant increase from USD 27k in the 3 years back, and surpassing 2,000 downloads. - This was among only 24 lenders spread across Uganda (12) including 2 investment clubs, Japan (8), South Africa (2), Australia (1) and the UK (1) - We've matched a total transaction volume of USD 1,200,000 from September, 3 years back to date across 224 borrowers. - We've generated sales revenue of USD 163,000 and a net profit of USD 65,000 between the same period. - We continue to manage an active loan portfolio of $660,000. - We have experienced CAGR of 485% between FY20 and FY23, driven primarily by an increase in both borrowers and the amount borrowed on the platform. - Our EBITDA margins have significantly improved, rising from -267% in FY20 to 40% in FY23. - The average lending rate of our lenders as of the past year has been 6% per month on reducing the balance amortization method. - We have, twice, been awarded the Digital Impact Africa Awards certificate of excellence in the presence of stakeholders from both the private sector and government including the Minister of I. C. T. - In July 2024, we were the 1st runner-up in the Uganda-Japan (UJ) Connect business accelerator program/competition earning us a trip to the GITEX event in Dubai in October, 2024.