Majibu Africa
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Founded Date January 1, 1900
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Sectors Administration
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Posted Jobs 1
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Viewed 1
Company Description
Majibu Africa is a privately held asset financing and micro-lending company headquartered at Kanjokya House in Kampala, Uganda. Operating with a strong focus on financial inclusion, the firm provides accessible “Buy Now, Pay Gradually” credit structures designed for individuals and small business owners. By offering structured installment plans instead of demanding full upfront payments, the lender empowers everyday communities to acquire life-improving assets without severe financial stress.
The company’s diverse product financing catalog covers both commercial and domestic items. For commercial operators, it offers vehicle and boda boda (motorcycle) financing packages to transition riders from expensive daily rentals to 100% asset ownership within 18 months. Additionally, Majibu Africa partners with a wide network of retail merchants to distribute consumer electronics, furniture, smartphones, laptops, and energy-efficient household appliances like refrigerators and smart televisions.
To maintain an efficient and accessible consumer experience, the agency utilizes an automated, lightning-fast approval process. Applicants can have their micro-loans evaluated and completely processed in as little as 30 to 60 minutes. Once cleared, customers submit a minimum upfront down payment—typically around 30% for electronics or 1,000,000 UGX for motorcycles—and can instantly take their selected items home.
The company’s operational framework relies on flexible weekly repayment plans collected digitally via mobile money networks. To qualify for a loan, applicants must be at least 21 years old and possess an original National ID card alongside a mobile money account registered under their own name. Verification also requires a stamped six-month income statement, proof of employment or a local verifiable business, and active contact information for a referee.
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Active Jobs From Majibu Africa
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FIELD RECOVERY OFFICERS (Boda Loan Product)
- @ Majibu Africa
- Kampala District
- Finance