Senior Term Facility
Support mobility portfolio and broadening access to financial services to the underserved and unbanked in Uganda
Deal Contribution
-
Coordinated the end-to-end execution of the transaction, overseeing all stages from initial structuring to final closure.
-
Managed comprehensive due diligence, ensuring a thorough assessment of the financial and operational aspects of the deal.
-
Arranged a suitable funder, Gateway Partners, for the US$ 15 million term facility, aligning with Watu's financing needs.
-
Assisted in preparing and reviewing legal documentation, ensuring compliance and accuracy throughout the transaction process
01
Financial Inclusion:
The funding is set to significantly broaden access to financial services for the underserved and unbanked populations in Uganda, enhancing economic participation.
02
Mobility and Accessibility:
​
By growing its mobility portfolio, Watu will empower individuals, especially youth in rural areas, with better access to transportation, contributing to their economic mobility.
03
Socio-Economic Empowerment:
​
The focus on providing asset finance to a predominantly young, rural customer base aligns with broader goals of social and economic empowerment in the region.
