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Nexen Micro Credit
Simpler, Faster, Friendlier

Validation

Stage

+256 774 018253

Phone Number

Kampala

District

No

Revenue Generating

B2B, B2C,

Customer Model

2015-01-15

Founded On

Plot 99, Martrys Road - Ntinda. Kampala - Uganda

Address

Industries
Social Media:

Company Information

Nexen is a microfinance social enterprise providing affordable working capital loans and financial literacy training to Uganda’s micro and small businesses, most of which are led (run) by women specifically focusing on fast-moving consumer goods. Since its founding in 2016, Nexen has provided working capital loans to over 2,000 small businesses in Uganda, supporting the livelihoods of over 10,000 people.

While the majority of our clients are food and Fast-moving consumer goods businesses, we have had the opportunity to finance a few small clinics and pharmacies, that have exposed us to the challenges in Uganda’s healthcare system. This has led us to a decision to launch and pilot a medical credit fund to address the financing challenges faced by healthcare businesses in Uganda.

Problem

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Solution

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Traction


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FUNDING ROUND


Jan 2022

Date

Round

$0

Amount to Raise

$0

Amount Raised

$0

Target Raise
INVESTORS

PITCH DECK

No uploaded Pitch deck for this startup

INDUSTRIES
SECTORS

JOB OPENINGS


The Team

Board Members & Advisors

Updates