By Kisara Herbert Investing in Small and Medium Enterprises in Uganda

Investing in Ugandan SMEs Poverty – less than $2/day Problem of Aid – not building the economy Manufacturing and skilled service jobs less than 5% of economy

Mango Fund’s Model Investing in Ugandan SMEs

Greater than $500,000 $500,000 - $50,000 $5,000 - $50 $50,000 - $5,000 The Missing Middle Large Private Equity Banks and non-profit funds Micro Finance Institutions Missing Middle Funding Available Some Funding Available Funding Available

Goals of Mango Fund Investments Investing in Ugandan SMEs Identify and support high-potential businesses Equip entrepreneurs with skills, resources, and capital that enable them to grow their businesses Increase the creation of skilled jobs in communities with fewer opportunities

Investing in Ugandan SMEs How do we do that Come alongside entrepreneurs Help entrepreneurs grow their businesses Equip entrepreneurs with skills, resources, and capital  Create skilled jobs  Increase in-country wealth

Investing in Ugandan SMEs Types of Funding  Asset Financing (up to 85%)  Working Capital Financing  Equity Financing

Investing in Ugandan SMEs Sectors we have invested in: 1.Manufacturing 2.Agro-processing (eg oil seed) 3.Technical farming 4.Consumer packaged goods 5.Medical services

Investing in Ugandan SMEs Characteristics of Mango Fund Entrepreneurs Growth-minded Proven history of success Solid management skills and plan Strong business opportunity Focus on using technology and local skills-base

Investing in Ugandan SMEs What we offer: Financing between: UGX 10M- 130M Payback: Min 3months to Max 3 years Flexibility on security/collateral Interest: 2% - 4% per month Technical Assistance Quick feedback on the application Timely disbursement (3-8 weeks)

Investing in Ugandan SMEs Why Entrepreneurs Partner with Mango Flexibility (Security, Loan structure etc) Technical assistance Networking Competitive rates Equity

Investment Process: Investment inquiries Due diligence Investment proposal Investment committee Contract and funds distribution Technical Assistance Investing in Ugandan SMEs

Thank you for your time. Investing in Ugandan SMEs