By Kisara Herbert Investing in Small and Medium Enterprises in Uganda.

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



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


• 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


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


Types of Funding

Asset Financing (up to 85%) Working Capital Financing Equity Financing


Sectors we have invested in:

1. Manufacturing2. Agro-processing (eg oil seed)3. Technical farming4. Consumer packaged goods5. Medical services


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


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)


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


Thank you for your time.


By Kisara Herbert Investing in Small and Medium Enterprises in Uganda.

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