Numida

About

Numida provides unsecured working-capital loans to micro and small businesses. Owners apply through its app in minutes and can be approved within a day, with no collateral required, and the platform uses its own credit models plus record-keeping tools to assess borrowers. Loans typically range from around $50 to $2,000, with repeat borrowers unlocking larger amounts. It is headquartered in Kampala, Uganda.