Longitude Finance

Kenya

Short Summary

Longitude Finance(LOFIN); is a lend only MFI based in Kenya; to support small businesses by issuing short term loans. In Kenya and indeed Africa; small business provide 80% of the jobs; yet they do not have access to loans from commercial banks.

Overview

Target
£3,500,000
Minimum
£10,000
Investment Raised
N/A
Previous Rounds N/A
Stage Breaking Even
Investor Role Any

Highlights

  • We recently partnered with MPAYG a solar solution provider to support clien
  • We have four branches; one of which is in Mombasa; 2nd largest city in Keny
  • We have a robust loan management system Loan Performer, very secure
  • We are testing ' LoKash' a mobile lending platform our own innovation
  • We have an inhouse Micro Insurance agency and Sacco hence we're v unique
Please note: The content of this promotion has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000. Reliance on this promotion for the purpose of engaging in any investment activity may expose an individual to a significant risk of losing all of the property or other assets invested. Investors should carry out their own due diligence and take professional advice where necessary.

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