Why lack of working capital chokes the Kenyan food industry, and how Umati Capital solves this

Working capital in East Africa is tough to get your hands on.

Umati Capital are looking to help, using technology to give credit where banks won’t, typically through giving food producers an advance when a big order comes in.

Ivan and I talk about how the legal environment means issuing credit is tough, how they evaluate their clients, and their vision to professionalise the supply chain across the continent.

It’s similar to the SME Financing episode with Bakka from Patasente, so give that a listen too if you find this interested.

I also should note that the only room available in their co-working space was quite echo-y, and so the audio quality for this interview isn’t great.

A couple of answers get lost and so I’m sorry about that.

Nevertheless, I hope that doesn’t detract from what is a very interesting interview

READ MORE AT:
https://theeastafricabusinesspodcast.com/2017/02/15/invoice-financing-smoothing-access-to-capital-in-food-industry-with-ivan-mbowa-from-umati-capital/