A specialized finance company that provides financing for Small and Medium sized Enterprises (SMEs) in East Africa has entered the Rwanda market and is expected to offer financing and advisory support to the country’s SMEs.
Fusion Capital Limited whose vision is to be the preferred provider of focused financial services for the growth of SMEs in East Africa currently has a 30 million US dollars fund to invest in businesses across the region.
Founded in 2006 by Kenyan and British business executives to provide financing for budding SMEs in east Africa the firm currently has offices in Kenya, Uganda and Rwanda.
The firm finances different types of business, but mostly looks out for enterprises that have an annual turnover of between US Dollars 10,000 and 185,000 employing between 5 and 49 people.
To be eligible for financing from Fusion Capital, you have to own a viable business that has been in operation for at least three years and has the potential to grow and be profitable in the future. You also have to be an entrepreneur who is passionate and focused to driving your business to the next level of success.
For more details about Fusion capital and the kind of business they finance click here http://fusioncapitalltd.com/doing-business.php or write an email to info@fusioncapital.co.ke
Image: Success Road Sign by scottchan from www.freedigitalphotos.net
Ashwin
May 29, 2011
Everyone wants to offer finance to operations that are already established, in order to start a venture one requires capital which noone wants to offer..
Ashwin
May 29, 2011
I require Capital & Cash investment to start a New Venture in Nairobi and any interested investor to contact me…Thank you
Africa Report Team
May 30, 2011
Hi Ashwin,
You can look for resources in our Directory and by placing a Marketplace advert on our website. You need to contact any resources directly, with a business plan and find out what their requirements are.
Here are instructions on How to make a Marketplace listing.
Africa Report Team
Owiti Micah
May 31, 2011
I am actually happy about this loan facility, to me it means a mile far from poverty in Africa in general ….thanks a lot. May the Almighty bless you people.
jeremia
May 31, 2011
I plan to start a business of making flour in Tanzania and export it to other countries. I need capital to finance my business.
Huruma E.
May 31, 2011
Why have we not seen you here in Tanzania, we also need loans? To my opinion we also part and part of East Africa.
We hope to see you in near future.
Regards,
Huruma
Huruma
May 31, 2011
Why are not in Tanzania? To my opinion I think we are part and parcel of East Africa. Kindly we also need your support financially because we are dying with our INNOVATIVE IDEAS IN OUR MINDS.
We wish to see you in Tanzania in the near future.
Thanks,
Huruma.
Augustino ngowi
June 1, 2011
Thanks indeed. This is new hope. We have our small firm offering accounting services in TANZANIA based in Dar es Salaam-Mabibo since 2008, known as MREMI ACCOUNTING SERVICES. Through technical research we have discovered that our firm should expand services from where we are. How can FUSION CAPITAL LIMITED assist capital while we are in Tanzania.
Thank you for consideration.
Africa Report Team
June 1, 2011
Dear Augustino,
You need to contact Fusion Capital Ltd. directly.
For more details about Fusion capital and the kind of business they finance click here http://fusioncapitalltd.com/doing-business.php or write an email to info@fusioncapital.co.ke
Africa Report Team
June 1, 2011
Hi Babu,
Yes you can write in Swahili, not a problem. You can also visit our Swahili website at http://sw.africareport.com/
Africa Report Team
kabinga
June 3, 2011
Do we have finance companies in Kenya willing to give start up loans?
Africa Report Team
June 6, 2011
Dear Akim,
For more details about Fusion capital and the kind of business they finance you need to contact them directly For their website click here http://fusioncapitalltd.com/doing-business.php or write an email to info@fusioncapital.co.ke
Africa Report Team