Asaak
Curated by SignalConsumer direct lender offering tailored financing for marginalized entrepreneurs.
About
Asaak operates as a consumer direct lender, offering personal financing options to individuals, with a particular focus on marginalized small and medium business owners. The company employs artificial intelligence and machine learning to facilitate the loan approval process, providing personal loans, installment loans, and lines of credit to meet diverse financial needs. Asaak's commercial model includes both online and in-person application options, aiming to enhance accessibility. The company's mission centers on addressing the challenges of limited access to financing for its customers, while promoting principles of trust, fairness, and support for small enterprises in Africa.
Key facts
- Founded
- 2016
- Headquarters
- Kampala, Uganda
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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- 4 products and services
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- Commercial model
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Contact
- Primary office
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- Phone
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