by kisara herbert investing in small and medium enterprises in uganda
TRANSCRIPT
By Kisara Herbert
Investing in Small and Medium Enterprises in Uganda
Investing in Ugandan SMEs
• Poverty – less than $2/day
• Problem of Aid – not building the economy
• Manufacturing and skilled service jobs less than 5% of economy
Mango Fund’s Model
Investing in Ugandan SMEs
Investing in Ugandan SMEs
Greater than $500,000
$500,000 - $50,000
$5,000 - $50
$50,000 - $5,000
The Missing MiddleLarge Private Equity
Banks and non-profit funds
Micro Finance Institutions
Missing Middle
Funding Available
Some Funding Available
Funding Available
Goals of Mango Fund Investments
Investing in Ugandan SMEs
• Identify and support high-potential businesses
• Equip entrepreneurs with skills, resources, and capital that enable them to grow their businesses
• Increase the creation of skilled jobs in communities with fewer opportunities
Investing in Ugandan SMEs
How do we do that
• Come alongside entrepreneurs• Help entrepreneurs grow their businesses• Equip entrepreneurs with skills, resources,
and capital
• Create skilled jobs• Increase in-country wealth
Investing in Ugandan SMEs
Types of Funding
Asset Financing (up to 85%) Working Capital Financing Equity Financing
Investing in Ugandan SMEs
Sectors we have invested in:
1. Manufacturing2. Agro-processing (eg oil seed)3. Technical farming4. Consumer packaged goods5. Medical services
Investing in Ugandan SMEs
Characteristics of Mango Fund Entrepreneurs
• Growth-minded
• Proven history of success
• Solid management skills and plan
• Strong business opportunity
• Focus on using technology and local skills-base
Investing in Ugandan SMEs
What we offer:
Financing between: UGX 10M- 130MPayback: Min 3months to Max 3 yearsFlexibility on security/collateralInterest: 2% - 4% per monthTechnical Assistance Quick feedback on the applicationTimely disbursement (3-8 weeks)
Investing in Ugandan SMEs
Why Entrepreneurs Partner with Mango
• Flexibility (Security, Loan structure etc)
• Technical assistance
• Networking
• Competitive rates
• Equity
Investment Process:
Investment inquiries
Due diligence
Investment proposal
Investment committee
Contract and funds distribution
Technical Assistance
Investing in Ugandan SMEs
Investing in Ugandan SMEs
Thank you for your time.
Investing in Ugandan SMEs