Fast and easy access to working capital for your business

AfriQapital provides working capital to micro and medium-size enterprises in Uganda through fast and flexible unsecured financing. We support our clients through programs and products designed to accelerate their growth. With expert consultation from our experienced and skilled staff, we are guaranteed to take your business to the next level.
Learn How

Our Principles

    Credit is about trust. Trust is about belief. We believe in entrepreneurs and we are dedicated to bringing their businesses to the next level.

    We are a tech-based company that uses technology and data to assess our clients' financial products and determine their credibility.

    We know that in today’s economic landscape, information is important so we give our clients access to expert consultation from our experienced staff.

    At AfriQapital we support businesses through financial trainings that facilitate their growth.

AfriQapital Success Stories

Trust The Process

We believe in entrepreneurs and we want to assist them to bring their businesses to the next level. This is how we achieve it.

  • Transparency

    We meet our clients to learn about their business. The more we understand the situation, the better we can help with the right solution.

  • Capital

    The money requested is received on our client's account instantly upon approval. Credit fees are transparent and easy to understand.

  • Approval

    We use the latest technology to make decisions based on the performance of the business. Once approved, the client is provided with a decision in minutes on their mobile phone.

  • Growth

    Our clients will receive increased credit based on trust as we continuously develop new programs and products that will accelerate the growth of their business.

Our Mission

AfriQapital’s mission is to support ambitious entrepreneurs in Uganda by providing access to capital combined with personal and business development programs.

FAQs

Most frequent questions and answers

  • What is a personal loan?

    A personal loan is a type of loan that individuals can borrow from a bank, credit union, or other financial institution. Unlike loans that are used for a specific purpose, such as a mortgage or a car loan, a personal loan can be used for any purpose, including paying off high-interest debt, financing a home improvement project, or covering unexpected expenses.

  • What is an unsecured personal loan?

    An unsecured personal loan is a type of loan that doesn’t require collateral to be pledged as security for the loan. This means that the lender is not guaranteed any assets or property if the borrower is unable to repay the loan. Unsecured personal loans are typically based on the borrower’s creditworthiness and ability to repay the loan. Lenders will assess a borrower’s credit score, credit history, income, and debt-to-income ratio when deciding whether to approve the loan and what interest rate to offer.

  • What are the requirements for one to take out an Afriqapital loan.

    • Business Address
    • Operating business for at least 12months
    • National ID
    • A referee or guarantor

  • In what ways can Afriqapital do for your business?

    • Afriqapital provides you with fast and easy funding
    • Expert consultation. We meet with you, our clients to learn about your business. The more we know, the better we can help.
    • Financial training

  • What would a quick Afriqapital business loan help you achieve right now?

    A quick business loan can help you achieve several things, depending on your business needs. Here are some common reasons why a business owner may consider a quick business loan:

    • Covering unexpected expenses, Taking advantage of opportunities, Expanding your business, & Managing cash flow.

  • What if I forget my repayment date?

    We understand that everyone is busy and hence may lose track of repayment schedule from time to time. This is why we send out payment reminder two days prior to your payment date.

  • What happens if I am unable to repay my loan?

    Delayed payment will negatively affect your credit history and accrue debt due to late payment penalties.  Having a poor credit score may also make it difficult for you to borrow from other financial institutions under the Moneylenders Credit Bureau in the future.

    In view of this, we strongly urge you to speak to us in the event that you are unable to make repayment.

  • Why was my loan rejected?

    There are many reasons as to why your personal loan application is rejected. Poor credit history, and/or holding a large amount of debt are some of the more common reasons why an application is rejected.

  • What should I consider before taking a personal loan at Afriqapital?

    Types of Loan, Duration of Loan, & Current Financial Situation.