BEAMSTART Logo

HomeCompaniesProfile

Numida

Working capital for African micro businesses 


Company Size

51 - 250 employees

Year Founded

2016


About Numida

Numida provides working capital loans to African micro businesses. Instead of borrowing from informal lenders or family, micro business owners download the Numida app, apply in minutes, and receive capital within a day. We have figured out how to score and disburse unsecured loans to cash-based businesses that have no digital transaction history, while maintaining excellent collection rates. Since 2021 we have provided $23M in working capital to 32,000 businesses in East Africa.

Founders & Key People

Catherine Denis

Catherine Denis

Founder, Numida

Mina Shahid

Mina Shahid

Founder, Numida


Financials Beta

Business Model: Not Specified

Revenues: Not Specified

Expenses: Not Specified

Debt: Request

Operating Status: Active

Funding Raised: $0

Investment Rounds: 0 Rounds

Funding Stage: Not Specified

Last Funding Date: Not Specified


Frequently Asked Questions

What industry is Numida in?

Numida is in the Finance & Financial Services, Fintech, and Marketplace industry.

Who are Numida's founders and individuals in key leadership positions?

Numida has 2 founders and people in key management positions. They are:
  • Catherine Denis
  • Mina Shahid
  • How long has Numida been in business?

    Numida was established in 2016 (9 years in business).

    Is Numida currently hiring?

    No, Numida is currently not hiring.

    Visit Numida's Jobs Page to stay updated with any upcoming open positions.

    Which country is Numida headquartered in?

    Numida is based in Uganda.

    Share This Profile

    More Companies

    wOS

    Founder-led LinkedIn Content Consulting for B2B Founders

    Stairs Financial

    Find a home you can actually afford

    Cheqout

    Mobile ordering & payments for Brick & Mortars

    AiSupervision

    The operating system for factory production lines

    GBatteries

    Enabling li-ion batteries to charge ultra fast without compromising…

    Plate IQ

    Automated Accounts Payable

    BEAMSTART

    BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

    © Copyright 2025 BEAMSTART. All Rights Reserved.