Numida

Numida is a fintech lending platform for micro and small business owners in Uganda and East Africa who need fast, unsecured working capital.

Key capabilities include:

• Loan applications via app or web, using a photo of a National ID and basic business details
• Business loans up to UGX 30 Million, with disbursement in less than 24 hours (based on provided details)
• Proprietary credit scoring that uses alternative data to assess cash-based businesses that may lack traditional digital credit histories
• Financial record-keeping tools designed to support day-to-day management and improve financial literacy over time

Available on Android (Google Play) and Web.

Built for B2B users, micro-entrepreneurs, and small business owners in East Africa who need fast, flexible capital to grow their inventory or manage cash flow.

In the East African market, the platform stands out for its focus on quick access to working capital for small, cash-based merchants and for operating as a UMRA-licensed provider in Uganda. It has reported disbursing $23M+ to 32,000+ businesses since 2021 and serving 80,000+ business owners.

As of Jun 22, 2026, Numida is rated 4.0 on Google Play from 7K reviews with 1M+ installs.