TUGENDE LIMITED

Company Profile

Company :TUGENDE LIMITED
City :
Kampala
Country :
Uganda
Industries :
Banking, insurance, finance
Services other
Website :
Company Description

TUGENDE LIMITED finances income-generating assets for proven entrepreneurs. We invest in giving a chance to customers generally unable to access traditional credit providers, including most micro-finance institutions—often due to a lack of existing collateral.

Our primary product is a lease to own motorcycle financing package which includes training, life and health insurance, and active support. Successful customers own the bike within 20 months or less. Ownership allows drivers to save money they would normally spend renting, and provides accumulated savings in the value of a paid-off motorcycle. Our thousands of alumni customers (owners) have invested in new businesses, buying land and building houses, better health care and education for their children, and moving themselves and their families up the economic ladder.

In the long term, we envision leasing other productive assets to trustworthy entrepreneurs, and to expand our support services, like the insurance we provide today, for people determined to become financially independent.