Tugende

Company Overview

Tugende is a leading asset finance company in East Africa, specializing in providing motorcycle financing solutions to entrepreneurs. Founded in Uganda, the company has expanded to Kenya and uses a proprietary credit scoring model to enable access to capital for small business owners. Its mission is to drive economic growth by unlocking opportunity through financial inclusion, leveraging technology to reduce risk and expand reach.

History & Milestones

Tugende was founded in 2012 by Michael Wilkerson and Peter Kimbowa to address the financing gap for motorcycle taxi drivers in Uganda. Starting with a small pilot, the company developed a data-driven credit assessment system to serve the unbanked. Over the years, it has financed over 40,000 motorcycles and expanded into Kenya. Tugende has raised significant venture capital to scale its operations and diversify its product offerings.

Hiring Trends & Demand

Tugende is expanding its workforce to support growth in asset financing and technology integration. Key roles include credit analysts, field operations managers, software engineers, and customer relationship officers. There is a focus on hiring local talent with experience in microfinance and mobile technology.

Active Vacancies (1)