All you need to get started is:
Accept our loan offer
Choose to get paid into your M-Pesa account and stock your online store
Simple and straightforward all-in pricing from 6%. No collateral requirements. No legal fees.
Any current vendor of Jumia Kenya
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Umati Capital is a technology based company that advances cash to online sellers.
Umati Capital targets small and medium-sized online sellers who need cash to increase their sales and reduce their costs.
The loan has an interest of 6% which reduces as your limit increases.
During the pilot it can take upto 48 hrs maximum or less to receive funds. After the first month we aim to make it less than 6 hrs and after the pilot in 3 months’ time, it will be instant.
You should expect your requested amount less the fee. The fee will be deducted from the amount you receive but you will be required to pay the whole amount you requested for.
The repayment period for the loan is 4 weekly installments from the time borrowed. You will be advised accordingly with specific dates ones you borrow.
If you ever have issues with repayment, please reach out to us via the form on our website.
You can grow your limit through consistent borrowing and increasing your sales. When your sales increase on the Jumia platform, we will be able to increase your limit everytime you borrow.
If you do not repay within the agreed period, we will deduct the amount owed from your Jumia sales account to repay your loan amount until fully settled.
If you have any questions feel free to email us on email@example.com
Contact us via the form on our website
Umati Capital is a start-up non-bank financial institution located in Kenya that aims to revolutionize access to finance through the consistent and innovative use of technology.
Launched in July 2013, we have served out our mission by offering a variety of credit products and related payments technology that aim to give our clients the ability to unlock their cash and grow their businesses.
We are currently focused on serving micro small and mid sized businesses who wish to grow their business using straightforward and simple merchant financing. We leverage our proprietary technology to provide branchless financial services to small scale individual suppliers and mid sized trading companies who sell across e-commerce platforms in Kenya.