Scaling Competition Round 1 Winners

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    Making Finance Accessible to Rural Communities.

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Scaling Competition Round 1 Winners

  • Olam Uganda Ltd

    Olam International is an agri-business operating in 70 countries.  Olam grows, sources, processes, manufactures, transports, trades and markets 47 different agri-products for supply to homes and industries.  Olam has been present in Uganda since 1997 and currently works with 6 agri-products across 8 regions, as well as imports and distributes sugar and edible oil. Olam’s operations in Uganda extend from origination and processing to logistics and distribution.

  • Musoni Kenya Ltd

    Musoni is a microfinance institution with a strong focus on mobile technology to manage its business.  Musoni has three main streams of services: group loans, individual loans and agricultural loans.  Since its inception in 2010, Musoni has disbursed over 132,000 loans worth KES 38 million across 7 counties in Kenya.

  • M-Kopa LLC

    M-KOPA is the market leader in developing and selling ‘solar home systems’ (SHSs) (i.e. off-grid electricity) to rural consumers in East Africa on favorable credit terms. Once the SHS has been paid for it can be used as collateral for further credit sales from M-KOPA, for example water tanks, fuel-efficient cook stoves and other productive assets.  M-KOPA started in Kenya and has since expanded into Uganda and Tanzania.

  • Finserve Africa Ltd

    Finserve Africa Limited trades as Equitel, a mobile virtual network operator in Kenya. It is a wholly owned subsidiary of Equity Group Holdings Limited and uses the Airtel network as its carrier.

  • APA Insurance Ltd

    APA Insurance Limited is an insurance provider in Kenya and Uganda.  It underwrites general insurance risks such as fire, marine, aviation, personal accident, motor, liability, agriculture, property and micro-insurance, as well as providing different forms of health insurance (individual, family and corporate).