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Numida provides business loans to small and medium-sized enterprises in Uganda.
Founded in 2016, Numida offers Ugandan SMEs a mobile loan application service, with financing of up to UGX 30 million available within 24 hours. In September 2022, it raised USD 5.00 mn in venture debt from Lendable. The company plans to grow in Uganda and expand into two other African markets.
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