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An asset financing platform that helps gig workers and small businesses in Uganda and Kenya apply for motorcycle, fuel, and smartphone loans online or in person.
Asaak is an asset financing and digital lending platform for gig economy workers and small businesses in Africa that provides loans for income-generating tools like motorcycles, fuel, and smartphones.
Key capabilities include:
Available on Web (online application)
Target users include , delivered through a with partners such as SafeBoda, Uber, Bolt, and Jumia.
The product is notable in East Africa for combining physical disbursement centres and local offices (including Kampala and Jinja in Uganda) with a data-driven credit scoring approach aimed at expanding access to asset financing for underserved workers.
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