Showing category "resources" (Show all posts)

5 organisations in Africa that can provide financing

Posted by The Blog Administrator on Sunday, June 5, 2016, In : Venture capital 
By D E Wasake, FCCA

In this extract from an e- book “30 organisations that can give you capital to support your business in Africa” I summarise some 5 that are particularly relevant to Uganda and not already featured on this website.
 

The article is here
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Alternative Sources of Finance: Opportunity Bank Business Loan

Posted by The Blog Administrator on Friday, May 13, 2016, In : Loan 

By D. E Wasake, FCCA, Principal at Inachee

Basic information

Target client:

  • Agro-processors/Agri-businesses

  • SME Owners

  • etc

Sector focus:

  • Agriculture

  • ICT

  • Transport

  • Services sector

  • SMEs/Trade

  • etc

Amounts provided:

  • From UGX500,000 to UGX2,000,000 – Individual

  • Up to UGX625,000,000 – SMEs 

Funding type:

  • Loans

Key criteria:

...

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Alternative sources of finance: Crowder-Messersmith Grant

Posted by The Blog Administrator on Wednesday, March 4, 2015, In : Grant 

By Dickson. E. Wasake, Principal, Inachee.com

Basic information

Target:

Nature Conservation/Biodiversity

Sector focus:

Eco-tourism, Wildlife Conservation, General Tourism Sector

Amounts provided:

The maximum grant for 1 year is $2,000.

Funding type

Grant

Key criteria

Projects:

  • Must be an environment impacting project such as eco-tourism, wildlife , and general nature
  • Appli...

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Alternative sources of finance: Fusion Capital

Posted by The Blog Administrator on Wednesday, March 4, 2015, In : Private Equity 

By D E Wasake, FCCA, Principal

Basic information

Target:

Typically established businesses (3 years)

Sector focus:

None in particular but likely to prefer: consumer products, manufacturing, logistics and transport, food and agri business and real estate.

Amounts provided:

 $1,000,000 - $20,000,000 (depending on type)

Funding type

Private equity (typically funding for established businesses)

Key...


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Alternative Sources of Finance: Crane Bank Agricultural Credit Loan (ACF)

Posted by The Blog Administrator on Sunday, October 5, 2014, In : Loan 

By D E Wasake, FCCA, Principal at Inachee.com

Basic information

Target:

·         Farmers and

·         Agro - processors only

Sector focus:

·         Agriculture

Amounts provided:

·         Amounts of up to  UGX 2.1 billion

·         Funding up to 90% of the project cost

·         Long Term loans 6 months - 8 years

·         Grace Period up to 3 years

·         Subsidized lending rate of...


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Alternative Sources of Finance: Gatsby Microfinance Ltd

Posted by The Blog Administrator on Sunday, October 5, 2014, In : Loan 

By D E Wasake, FCCA, Principal at Inachee.com

Basic information

Target:

·         Agriculture

·         General Businesses (SMEs)

Sector focus:

Different sectors but a focus on the agriculture value chain in line with Gatsby Charitable foundations overall objectives.

Amounts provided:

·         Min: Ushs1,000,000

·         Max: Ushs30,000,000

Funding type

·         Loan (6 – 24 months) ...


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Alternative sources of finance: Centenary Bank Agricultural Loan

Posted by The Blog Administrator on Sunday, August 17, 2014, In : Loan 

By D E Wasake, Principal, Inachee.com

Basic information

Target:

Working capital - for Agri business entities with the repayment of the loan being dependent on the nature and season of the agricultural activity to be financed.

Sector focus:

Agriculture

Amounts provided:

Minimum: Ushs100,000 Maximum: Ushs 3 billion

Funding type

Collateralized Loan – but structured around the agriculture activity and its se...


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Alternative sources of finance: Africa Enterprise Challenge Fund (AECF)

Posted by The Blog Administrator on Sunday, August 17, 2014, In : Grant 

By D E Wasake, Principal, Inachee.com

Basic information

Target:

Late start up for profit companies (at least 2 years’ audited results) who have:

“Innovative ideas that will specifically help to remove poverty in rural Africa through a partnership with private enterprises.

The purpose is to improve the incomes of small holder farmers and the rural poor.”

Sector focus:

These are 6 focus areas for the fund:

  • Agriculture
  • Agribusiness
  • renew...

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Alternative Sources of Finance: Entrepreneurs Financial Centre (EFC)

Posted by The Blog Administrator on Sunday, August 17, 2014, In : Loan 

By D E Wasake, Principal, Inachee.com

Basic information

Target:

Businesses that have been in operation in Kampala at least 6 months

Sector focus:

No particular sector focuses but skewed towards micro and small entrepreneurs’ (MSEs) market segment including women merchants/traders.

Amounts provided:

Ranging from Shs. 1 million to Shs. 50 million.

Repayment Period:  Up to 36 months

Monthly Interest Rate  2%

...

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Alternative Sources of Finance: Unreasonable East Africa

Posted by The Blog Administrator on Sunday, August 17, 2014, In : incubator 

By D E Wasake, Principal, Inachee.com

Basic information

...

Target:

Start ups – But primarily not every start up. They are: targeting entrepreneurs creating solutions to the world’s biggest social and environmental problems.

You might want to take their “eligibility quiz

Sector focus:

Any sector where the entrepreneur is providing solutions to East Africa’s biggest social and environmental problems.

Amounts provided:


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Alternative Sources of Finance: African Youth Fund (AFRICAP)

Posted by The Blog Administrator on Sunday, August 17, 2014, In : Non collateralised loan 

By D E Wasake, Principal, Inachee.com

Basic information

Target:

No specific target – as a “crowd funding” platform, it caters for different entrepreneurs.

Sector focus:

No specific sector but expected to be highly profitable in order to generate sufficient returns for its investors.

Amounts provided:

Varying amounts – as it is a crowd funding platform, the amount provided is driven by what the “crowd”, i.e inve...


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Alternative sources of finance: Trade Finance (Equity Bank)

Posted by The Blog Administrator on Tuesday, December 31, 2013, In : Trade finance 
By: D E Wasake, FCCA, Principal at Inachee.com
Basic Information:


Target:

Importers,  corporate, wholesalers

Sector focus:

Trade

Amounts provided:

Varying

Funding type

Credit

Requirements

  • Bank account holder for 3 months
  • Active bank account
  • Security if the amount is above UGX 50m(Title deed or house)
  • Registered business
  • Proven record with the bank
  • Specialisation in a line of business
...

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Alternative sources of finance: Fanisi Capital

Posted by The Blog Administrator on Friday, August 2, 2013, In : Venture capital 

By D E Wasake, FCCA, Principal Inachee.com

Basic information

Target:

Early and Growth Stage companies

Sector focus:

  • Agri-Business
  • Healthcare
  • Light Manufacturing
  • Financial Services
  • Oil, Gas & Mining Services

Amounts provided:

$ 50,000 -  $15M

Funding type

Venture Capital

Key criteria

·         Profitability. Whether less than 3 years or more than 3 year’s operations. They need to s...


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Alternative sources of finance: Catalyst Principal Partners

Posted by The Blog Administrator on Sunday, June 23, 2013, In : Private Equity 

By D E Wasake, FCCA, Principal, Inachee.com

Basic information

Target:

Emerging and mid-sized companies

Sector focus:

  • Consumer goods and retail
  • Financial and business services
  • Industrials, manufacturing and value-add processing
  • Technology and telecommunications

.

Amounts provided:

USD5 million to USD 20 million

Funding type

Private equity

Key criteria

  • High growth and profitability
  • Capability to expa...

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Alternative sources of finance: Jacana Partners

Posted by The Blog Administrator on Thursday, May 30, 2013, In : Private Equity 

By: D E Wasake, Principal, Inachee.com

Basic information

Target:

Established entity - with three years audited financials and a track record of sales and profits.

In exceptional circumstances early stage businesses and start-ups where management teams have directly relevant prior experience and where the business has a clear route to profitability within a short period

Sector focus:

No sector focus but high interest in financial services, p...


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Alternative sources of finance: Uganda Development Bank (UDB)

Posted by The Blog Administrator on Tuesday, March 19, 2013, In : Loan 

By: D E Wasake, Principal, Inachee.com

Basic information

Target:

Established entity (with at least 3 years of audited accounts and loan security).

Sector focus:

All key sectors of the Ugandan economy including: (but not limited to) commercial agriculture and agro processing, manufacturing, tourism and housing.

Amounts provided:

Minimum Shs. 50m

Funding type

Loans (and potentially equity) at lower th...


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Alternative sources of finance: United States African Development Foundation (USADF)

Posted by The Blog Administrator on Tuesday, November 27, 2012, In : Grant 

By: D E Wasake, Principal, Inachee.com

Basic information

Target:

Established Cooperatives, associations and small business (at least 2 years’ audited accounts.)

 

Sector focus:

Agriculture/agro processing

Amounts provided:

Between $50,000 and $250,000.

Funding type

Grant

Key criteria

  • Application from registered/incorporated Ugandan entity(and individuals) that include the...

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Alternative sources of finance: the GEF Small Grants Programme

Posted by The Blog Administrator on Saturday, November 17, 2012, In : Grant 

By: D E Wasake, Principal, Inachee.com

Basic information

Target:

Sustainable development

Sector focus:

Sustainable development projects that are aimed at conserving and restoring the environment. This includes capacity development for such projects in the following areas:

  • Biodiversity
  • Climate Change
  • International Waters
  • Land Degradation
  • Sustainable forest management
  • Chemicals

Amounts provided:

The maximum grant amount per projec...


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Alternative sources of finance: Acumen Fund

Posted by The Blog Administrator on Tuesday, October 16, 2012, In : Venture capital 

By: D E Wasake, Principal, Inachee.com

Basic information

Target:

Early-mid stage companies - Rarely invest in pure start-up companies.

Sector focus:

Water, Health, Agriculture, Energy, Housing, Education.

Amounts provided:

$200,000 - $2m

Funding type

Mainly shares, debt or quasi equity (loans that have features of shares)

Key criteria

Significant Social Impact
Make a product or...


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Alternative sources of finance: GroFin Uganda

Posted by The Blog Administrator on Thursday, October 4, 2012, In : Non collateralised loan 

By: D E Wasake, Principal, Inachee.com

Basic information


Target:

From start-ups to growing firms managed by the entrepreneur.

Sector focus:

All (except primary agriculture)

Amounts provided:

$50,000 - $1.5m

Funding type

Mainly loans but may take minority shares (where risk is high)

Key criteria

  • Skills/ability of entrepreneur (including; integrity)

  • Ability to gen...


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Alternative sources of finance: Accion Venture Lab

Posted by The Blog Administrator on Wednesday, October 3, 2012, In : Venture capital 

By: D E Wasake, Principal, Inachee.com

Basic information

Target:

Late Start ups.

Sector focus:

Financial services particularly those using emerging technology e.g mobile money and branchless banking, social media and cloud computing.

Amounts provided:

$100,000 - $300,000

Funding type

Mainly shares or convertible debt (loan that can be turned into shares)

Key criteria

  • Innovative...

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Alternative sources of finance: TBL Mirror Fund

Posted by The Blog Administrator on Wednesday, October 3, 2012, In : Venture capital 

By: D E Wasake, Principal, Inachee.com

Basic information

Target:

Late start ups or early to mid stage companies

Sector focus:

SMEs in various sectors with a focus on IT/Telco, Healthcare and Consumer Goods

Amounts provided:

EUR 250,000 to 3,000,000

Funding type

Venture capital

Means, rather than providing a loan, the fund takes a % of shares in the company

Key criteria

  • Potentia...

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Alternative sources of finance: Emerging Capital Partners (ECP)

Posted by The Blog Administrator on Thursday, September 27, 2012, In : Private Equity 
D E Wasake, Principal, Inachee Limited

Basic Information

Target:

Established business

Sector focus:

Diverse. High growth, low competition primarily:

·         Financial services;

·         Telecommunincations;

·         Natural resources

Amounts provided:

Not readily known but about $1m- $6m

Funding type

Private Equity

Means, rather than providing a loan, the fund takes a % of shares. Usually ...


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Alternative sources of finance: Small grants program at US Embassy

Posted by The Blog Administrator on Thursday, September 27, 2012, In : Grant 
D E Wasake,  Principal, Inachee Limited

Basic Information

Target:

Non Profit/Community development

Sector focus:

  • Combat HIV/AIDS
  • small-scale sustainable development projects

Amounts provided:

Maximum of $25,000 for one year.

Funding type

Grant

Key criteria

  • Submit applications in special format
  • 1 February 2013 application deadline
  • Community participation and contributions...

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Alternative sources of finance: Pearl Capital Partners

Posted by The Blog Administrator on Thursday, September 27, 2012, In : Private Equity 
D E Wasake,Principal, Inachee Limited.

Basic Information

Target:

Established business

Sector focus:

Agriculture

Amounts provided:

$500,000- $3,000,000

Funding type

Private Equity

Means, rather than providing a loan, the fund takes a % of shares.

Key criteria

  • Strong team with experience in managing commercial enterprise;
  • High growth business plan including 5 year forecasts;
  • A...

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Alternative sources of finance: Mara Launch Fund

Posted by The Blog Administrator on Thursday, September 27, 2012, In : Venture capital 
D E Wasake, Principal, Inachee Limited

Basic Information

Target:

Start ups and early stage businesses

Sector focus:

All

Amounts provided:

UGX 5,000,000- UGX 10,000,000

Funding type

Venture capital

Means, rather than providing a loan, the fund takes a % of shares in the company

Key criteria

  • Model can be repeated across Africa;
  • Profitable business within 3-5 years (exit period for f...

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Inachee is not an agent or connected to any of the entities featured. it is an independent thought leadership and advisory firm. The information provided is based on our research and experience. Whilst we have taken steps to ensure the accuracy of the information presented here, there can be no guarantee that it will remain accurate.


"Inachee" and "Inachee for business" are brand names that belong to Inachee Limited a company incorporated in England and Wales. No: 08117725. In Uganda, they are used, with permission.  www.inachee.com

FREE Business plan review

You have big dreams and want to change the world BUT Investors are busy people and in 1 minute may crush your dreams, IF your plan is not well written or presented.

Before you apply for each of the sources listed, we recommend that you give you and your dreams the best chance of success.

With a combined more than 30 years experience we are a professional team who can help you. We usually respond with our comments on your business plan within 48 hours.

Its FREE with no obligations.

Simply send the plan to: dwasake@inachee.com

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How we are helping you succeed


Inachee Limited We are an ethical thought leadership firm that is passionate about seeing Ugandan businesses succeed. Our Alternative sources of finance cover both start ups and established business. The sources of funds vary from grants to private equity and venture capital.

Definition of Common terms

  • Venture capital: Funding available primarily for start up companies. The venture capitalist usually takes a % of shares (instead of collateral) and expects to exit in say 5-7 years from the company.
  • Private Equity. Funding available primarily for established business to grow to the next level. The private equity fund also takes a % of shares or might also offer debt or a combination of both. 
  • Equity. A % of shares in a company represents its share capital or sometimes referred to as equity.
  • Find out more from our Questions page.