Numida
Business loans up to UGX 30 million in less than 24 hours.
Numida is a digital financial services provider for small and medium businesses in Africa, beginning with credit and extending to savings, insurance, and payments. It addresses the challenge of accessing working capital quickly: borrowers apply through a mobile app by photographing their National ID and entering basic business details, with funds disbursed within 24 hours.
Loan terms are structured to align with the business cycle, and the company also references data-driven insights and mentorship alongside financing. Applications can be started on the app or through the website, with the app available from the Play Store. The offering is aimed at micro and small business owners seeking short-term capital. The pages do not specify a free plan, trial, or seat-based or usage-based packaging.
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