FasterCapital Backs Muvule to Expand Microloans for Female Entrepreneurs
Kampala, Uganda & Dubai, UAE - Sep 30, 2025
Muvule Financing and FasterCapital today announced a strategic partnership through FasterCapital’s EquityPilot program to accelerate Muvule’s expansion across Uganda and East Africa. The collaboration will fast-track Muvule’s $2.5M capital raise, provide technical and fundraising support, and scale microloans to underserved female entrepreneurs using digital-first lending channels.
Market opportunity & problem statement
Uganda represents one of Africa’s most investable microfinance markets with an estimated $330M unmet demand today and projected growth to $440M by 2030. Globally, developing economies face a multi-trillion-dollar financing gap for small businesses and female-led enterprises. Traditional banks frequently under-serve micro-entrepreneurs while informal credit sources charge predatory rates. This white space—high demand, low-cost to transform, and strong social ROI—creates a timely opportunity for disciplined, tech-enabled microlenders.
Startup solution & differentiation
Muvule Financing is a Kampala-based microfinance institution focused on rapid-impact microloans to women entrepreneurs. The company operates 11 outlets, has originated over $1.5M in loans to tens of thousands of clients, and reports repayment rates above 99% via group lending, weekly collections and community trust groups. Muvule leverages partnerships with Airtel and MTN, data-driven underwriting, USSD and mobile app channels, and on-site credit officers to combine low operating costs with strong credit discipline. The model produces scalable loan volumes, measurable income uplift for borrowers, and a defensible position between formal banks and informal lenders.
FasterCapital partnership value
Under the EquityPilot engagement, FasterCapital will provide mentorship, product and compliance support, go-to-market acceleration, and access to its global investor network. Selection for EquityPilot is rigorous; FasterCapital partners only with startups that demonstrate market traction, scalable models, and strong founding teams. The collaboration targets near-term capital deployment to fund approved loan applications, technical enhancements to Muvule’s digital lending stack, and investor introductions to institutional debt sources and strategic partners.
Executive quotes
“Harnessing technology and strong local leadership, Muvule is well positioned to scale impact and returns in a high-demand market,” said Hesham Zreik, Founder & CEO, FasterCapital. “EquityPilot will accelerate their product-market fit across East Africa and connect them with growth capital and strategic partners.” “Muvule was founded to turn small loans into life-changing outcomes for women,” said Moses Muwanguzi, Founder & CEO, Muvule Financing. “With FasterCapital’s EquityPilot support we will deploy $2.5M faster, reach more borrowers, and expand into neighboring markets while maintaining strong credit performance.”
Growth trajectory & future plans
Muvule will deploy the raise to capitalize 11 outlets, originate an estimated 15,000 loans annually, and expand into Rwanda, Burundi and Tanzania. Near-term milestones include platform upgrades, institutional partnerships for lower-cost capital, and achievement of projected profitability targets. The company is targeting a 2-year capital lock-up for initial investors and plans subsequent raises aligned to regional expansion.
About Muvule Financing
Muvule Financing Ltd is a Kampala-based microfinance institution focused on empowering female entrepreneurs through secured, short-term microloans and digital lending channels. Founded by Moses Muwanguzi, Muvule combines community-based credit practices with mobile distribution to scale measurable income and social outcomes.
About FasterCapital
FasterCapital is an investment and technology accelerator that builds and scales startups worldwide through programs such as EquityPilot. FasterCapital provides technical teams, mentorship, access to investors, and corporate partnerships to accelerate product-market fit and capital raises.
