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Tugende

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At Tugende, we create opportunity through ownership. We’re a for-profit social enterprise in Uganda that helps safe, reliable motorcycle taxi (boda-boda) drivers buy their own motorcycles, giving them the means to control their own tools of employment and kick starting a path to financial independence.

Headquarters

Kampala, Uganda

Founded in

2012

Company Size

101-250 Employees

Sectors

Financial Services

Countries of operations

flag of uganda
Uganda

Team

Michael Wilkerson

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FUNDING ROUNDS

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Tugende Financial Services
Amount Undisclosed
Date Jun 15, 2022
Funding Round
Pre-Series B
investors
Partech Partners, Mobility 54, Enza, Global Partnerships, World Banking Capital Partners II
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Tugende Financial Services
Amount $17,000,000
Date Dec 20, 2021
Funding Round
Debt Financing IV
investors
Nordic Microfinance Initiative, Symbiotics, Lendahand, Goldfinch
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Tugende Financial Services
Amount $3,600,000
Date Mar 31, 2021
Funding Round
Series A
investors
Partech Partners, Enza Capital
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Tugende Financial Services
Amount $6,300,000
Date Oct 5, 2020
Funding Round
Series A
investors
Mobility 54, Global Partnerships Social Venture Fund
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Tugende Financial Services
Amount $13,000,000
Date Nov 18, 2019
Funding Round
Debt Financing III
investors
Undisclosed
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Tugende Financial Services
Amount $5,000,000
Date Feb 8, 2019
Funding Round
Debt Financing II
investors
PG Impact Investments
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Tugende Financial Services
Amount $5,000,000
Date Jul 31, 2018
Funding Round
Debt Financing I
investors
OPIC - Overseas Private Investment Corporation
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Tugende Financial Services
Amount $780,000
Date Jan 30, 2015
Funding Round
Seed
investors
Undisclosed
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Tugende Financial Services
Amount $300,000
Date Dec 10, 2013
Funding Round
Angel
investors
Undisclosed

RECENT ARTICLES ABOUT Tugende

Digest Africa

CONTACT

info@digestafrica.com

Digest Africa Technologies Ltd
Ntinda Complex,
Block B, Level 3 Ntinda,
Kampala, Uganda

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