We support semiformal micro and small businesses with digital working capital loans of $100-$5000 disbursed via mobile money.
Entrepreneurs can access credit in as little as 2 hours from the comfort of their business. No paper work, no collateral, no lengthy wait times.
Our proprietary underwriting process enables us to verify businesses remotely and grow loan limits appropriately ensuring that Numida and our clients succeed.
Support women's livelihood by empowering micro entrepreneurs financially
The EFC Women Market Trader Loan is specifically designed for women entrepreneurs who need fast and efficient small loan services. It may be used to finance a wide range of activities including working capital, equipment purchases, investments and agricultural supplies to name a few. The product is aimed at improving women’s livelihood by empowering micro entrepreneurs financially.
Borrower must be an entrepreneur or merchant or legal entity
Financing for the working capital requirements of a qualifying business. More specifically, they are intended to facilitate key operational requirements that directly aid production such as purchase of raw materials and productive inputs.
Financing for the working capital requirements of a qualifying business.
More specifically, they are intended to facilitate key operational requirements that directly aid production such as purchase of raw materials and productive inputs.
Applicants must be incorporated entities
The project must have an equity contribution of 60% of the total project cost if it is a start-up and 40% if it is a going concern
Adequate collateral is required, preferably landed property
Financing institutions and corporate businesses for continuity
KES 100,000,000
The Small Business Loan, is a short to medium term credit facility aimed at financing business growth in the Small and Medium business segments. Bi-monthly, monthly& quarterly depending on a client’s business cash flow cycle
Application Form
Business Trading license.
Bank Statement for at least 6 months.
Cash flow projections for at least 12 months – to be prepared by the Bank’s Relationship Managers after looking at basic source documents, interviewing the customer and visiting the client’s business premises.
Copy of Valuation report prepared by a bank-approved valuer(s) where applicable.
Client to sign affidavit in addition to land sales agreement.
The Women’s Business loan is for women engaged in micro, small and medium businesses who wish to borrow as individuals for long and short term Investments such as adding capital into business, purchase of shares, import and export business.
Enables women to increase their working capital
Enables women increase their income
Loan is payable in manageable installments
Up to 5 years loan period
Borrower must be a woman
Must have and FTB account
Must be 18 years of age & above
Must have a legal business that has been in existence for at least 6 months
Financing entrepreneurs with inventory/working capital/purchases for business purpose.
EFC Uganda partners with micro and small size entrepreneurs (MSEs) who need fast and efficient credit services. The EFC Business Loan is specifically designed for entrepreneurs to provide working capital or to finance inventory and/or equipment purchases, investments, agricultural supplies or any other business related purpose. This product is intended for revenue producing activities (business) only.
Must be an individual entrepreneur/merchant/other legal entity engaged in income generating activities
It facilitates acquisition of qualifying assets that aid production and/ or value addition in key sectors. The asset is the primary security for the financing.
It facilitates acquisition of qualifying assets that aid production and/ or value addition in key sectors. The asset is the primary security for the financing.
Applicants must be incorporated entities
The project must have an equity contribution of 60% of the total project cost if it is a start-up and 40% if it is a going concern
Adequate collateral is required, preferably landed property
Financing for projects with a capital expenditure requirement for expansion, refurbishment, re-equipment and new asset acquisition. They can be extended to both new and existing projects.
Financing for projects with a capital expenditure requirement for expansion, refurbishment, re-equipment and new asset acquisition.
They can be extended to both new and existing projects.
Applicants must be incorporated entities
The project must have an equity contribution of 60% of the total project cost if it is a start-up and 40% if it is a going concern
Adequate collateral is required, preferably landed property
Finance working capital and acquisition of business assets
KES 8 Billion
• Authority to borrow granted by relevant Ministry in case of financing • Hold a Current or Savings account with the Bank • Projected cash flow statement
• Projected cash flow statement • Valid license for the business being undertaken. • Memorandum and Articles of Association or Partnership deed