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Numida

Working capital for African micro businesses 


Company Size

51 - 250 employees

Year Founded

2016


About Numida

Numida provides working capital loans to African micro businesses. Instead of borrowing from informal lenders or family, micro business owners download the Numida app, apply in minutes, and receive capital within a day. We have figured out how to score and disburse unsecured loans to cash-based businesses that have no digital transaction history, while maintaining excellent collection rates. Since 2021 we have provided $23M in working capital to 32,000 businesses in East Africa.

Founders & Key People

Mina Shahid

Mina Shahid

Founder, Numida

Catherine Denis

Catherine Denis

Founder, Numida


Financials Beta

Business Model: Not Specified

Revenues: Not Specified

Expenses: Not Specified

Debt: Request

Operating Status: Active

Funding Raised: $0

Investment Rounds: 0 Rounds

Funding Stage: Not Specified

Last Funding Date: Not Specified


Frequently Asked Questions

What industry is Numida in?

Numida is in the Finance & Financial Services, Fintech, and Marketplace industry.

Who are Numida's founders and individuals in key leadership positions?

Numida has 2 founders and people in key management positions. They are:
  • Mina Shahid
  • Catherine Denis
  • How long has Numida been in business?

    Numida was established in 2016 (8 years in business).

    Is Numida currently hiring?

    No, Numida is currently not hiring.

    Visit Numida's Jobs Page to stay updated with any upcoming open positions.

    Which country is Numida headquartered in?

    Numida is based in Uganda.

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