| Founded | 2017 |
|---|---|
| Closed | 2024 |
| Country | Uganda |
| Sector | Fintech |
| Collapse type | Slow Death |
Numida Uganda Retrenchment
"Ugandan micro-business credit platform found collections impossible as economy contracted"
Years-long decline before final shutdown
Key Events Timeline
Numida built uncollateralized credit for Ugandan micro-businesses — market stalls, small traders, and informal SMEs — using transaction data from mobile money to assess creditworthiness.
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