Working capital for African micro businesses
Numida provides working capital loans to African micro businesses. These businesses create 4/5 jobs on the continent, represent a $5B market opportunity and yet are poorly served or outright ignored by traditional financial services.
We've solved the difficult problem of underwriting and disbursing unsecured loans to micro businesses that primarily transact in cash with no digital transaction history. Our first market is Uganda where we have grown 7x since 2021 and have 18,000 active clients. We're looking for team members that are excited to join a fast growing fintech startup as work to expand across Africa and enable 1 million business owners to achieve their dreams by 2030.