Tugende
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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
Tugende is a prominent, for-profit technology-enabled social enterprise that specializes in asset financing for informal sector entrepreneurs in East Africa. Co-founded initially as an informal side project before launching as a growth startup in 2012 by Michael Wilkerson and Matt Brown, the company operates its central regional headquarters from Kampala, Uganda. The enterprise bridges critical credit gaps by offering structured lease-to-own models that cater to small businesses lacking the formal collateral required by conventional banks.
The firm’s core business model is centered heavily on motorcycle taxi (“boda boda”) financing. Instead of renting their vehicles indefinitely—which drains daily profits—drivers use Tugende’s hire-purchase plans to gain total vehicle ownership. Beyond simple capital lending, the organization provides a comprehensive safety and support package that bundles essential financial training, high-quality safety gear, medical and life insurance, and official driving permits.
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Active Jobs From Tugende
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Customer Relations and Administration Officer
- @ Tugende
- Kampala District
- Administration