Portfolio by sectors
Manufacturing
Businesses funded
Textile manufacturing
Manufacturing of Tiles, marble tops, Iron sheets and other construction materials.
Plastics recycling
Making of detergents,Toilet paper making
Manufacturing of various furniture
Metal fabrication
Consumer packaged goods
Businesses funded
Purchase of packaging materials.
Juice Making
Flour and cereal packaging.
Agro-processing
Businesses funded
Rice milling
Maize milling
Sun flower oil production
Milk processing
Meat processing
Medical services
Businesses funded
Purchase of Medical equipment’s like X – ray, CBC, PCR machines, Theatre equipment’s, Scan,
Technical farming
Businesses funded
Purchase of tractors
Poultry cage farming
Purchase of irrigation equipment.
Aquaculture
Portfolio highlights
Joe is one of the oldest clients of Mango Fund
Joe is one of the oldest clients of Mango Fund; the entrepreneur owns a commercial oil milling company engaged in the purchase of sunflower seed on a large scale as well as processing it to produce high quality level sunflower oil. The sunflower oil produced by Joe is supplied to both wholesale and retail shops in the Northern Districts of Uganda and the by-product of the oil extraction process (sunflower seedcake) is sold to local animal feed producers in Northern Uganda and Kampala.
Within the Mango Fund Portfolio, Joe is probably the entrepreneur who has exhibited the most growth since Mango Fund initial investment in 2014. Over the years, Joe has built a new large-scale factory and has re-invested sizeable amounts of money to buy four new highly efficient sunflower processing machines from India, a maize and rice mill and two new trucks used for his business operations.
The company currently employs over 30 workers majority of who are women and whose duties start from cleaning and sorting seeds. In a bid to overcome shortage of seeds in the off seasons, Joe embarked on a move to empower small holder farmers by supplying them with seeds and an agricultural extension worker. The company currently is working closely with close to 230 farmers under this arrangement.
The client has acquired over six loans from Mango Fund so far and these have seen him bulk more seeds which has consequently seen him process sunflower oil throughout the year. The loans have also increased on his company asset base, improved on the company revenue base and this has enabled him provide employment opportunities’ to the youth and women in the community who are considered the most vulnerable in society.
Nicholas is an entrepreneur who owns a metal fabrication and wooden/ furniture workshop
Nicholas is an entrepreneur who owns a metal fabrication and wooden/ furniture workshop in Northern Uganda. He started operations in 2008 by renting machinery on a daily basis to manufacture furniture for both domestic and commercial use. Through hard work and a lot of commitment in his work, the entrepreneur was able to save money that enabled him purchase four new carpentry machines and set up his business.
In 2016 the entrepreneur approached Mango Fund for a working capital loan to enable him purchase raw materials for his metal and wooden workshop; To date the client has accessed three loans from Mango Fund and this has helped him purchase additional carpentry machinery as well as boost his sales.
Doctor Ronald is a medical officer who owns a network of private medical centers
Doctor Ronald is a medical officer who owns a network of private medical centers in the west Nile region. With the support of Mango Fund Dr. Ronald has been able to increase his network of medical centers from one medical center in 2008 to seven medical centers in the West-Nile region. His medical centers employ over 150 medical and support staff.
Dr. Ronald has registered immense growth and impact from the several loans that he has acquired from Mango Fund. Most of his loans acquired from mango Fund have enabled him improve his medical centers asset base by purchasing new Medical equipment’s such as Dental chair’s, X-ray machines, PCR machines, Laboratory equipment’s, Ultra sound Scans, and CBC Machine’s. The availability of these machines at his various medical centers have enabled him provide better and affordable medical services to the people in the West Nile communities.
Tony is a Mango Fund client who owns a large agro-processing business
Tony is a Mango Fund client who owns a large agro-processing business located in Northern Uganda engaged in the processing and packaging of maize flour, rice and peanuts. Tony supplies his products to several wholesale and retail outlets as well as learning institutions within the various Districts of Northern Uganda.
Prior to the Mango Fund loans, the business was negatively affected by seasonality as the entrepreneur didn’t have enough money to purchase maize and rice in bulk and mill throughout the year. With acquisition of several loans from Mango Fund the entrepreneur has been engaged in constant production throughout the year and this has helped him increase his client base.
From his profits, Tony has been able to acquire a new piece of land with a building; this is where the entrepreneur is currently carrying out all his businesses and no longer paying rent. The entrepreneur also diversified his income sources by establishing a school on another piece of land that he purchased using profits from his business.
The entrepreneur was a recipient of Mango Fund technical assistance with regards to financial management. As a result the Mango Fund team has been impressed by the client’s progress with regards to record keeping and the overall financial management since TA was offered.
Dr Gladys is a professional aquaculture woman entrepreneur;
she owns an Aquaculture company whose core business is breeding and harvesting of Tilapia fish on commercial scale. Her Company is a registered firm that started cage fish farming of Tilapia fish in 2016.
She works closely with the other three directors who have vast experience in aquaculture operations. In 2018 Mango Fund provided a loan facility to enable her complete stocking and maintenance of the unutilized production cages. This made the cycle complete and allowed continuous monthly harvests of cages. With this support from Mango Fund, the entrepreneur has been able to Increase the company annual production of fish, improved on the company profitability, market efficiency and visibility.
Alfred is an entrepreneur who owns a model recycling company located in Kampala.
The company is engaged in the recycling of plastic, PVC and metal products which then used to manufacture shoes, shoe sole, wheelbarrow tires, gum boots and pipes. Alfred works directly with 80 youth and women from the slum areas of Kampala.
The company started in 1994 on a small scale with only one fabricated hand blower machine that was used to mold, melt plastic and rubber to produce sandals and straps but has since then grown into a heavily mechanized plant with two established outlets in Kampala and other regional business outlets located in Rwanda, Congo and Kenya. In 2018 Mango Fund provided Alfred with a loan to procure shoe molds from China and this enabled Alfred to produce a wide variety of shoe products for his different markets and in line with his customer tastes.
Fred owns a company whose core focus is maize milling and eggs production.
With modern grain processing equipment’s, Fred has been in position to set base for sustainable production of maize flour and maize bran which he currently sells to the local and the regional markets throughout the year.
Maize, as a crop, is a highly demanded commodity and staple food, not only in Uganda, but in the entire East Africa region. Today a large number of farmers in the country have now embraced the practice of farming “as a business”; this has created a steady supply and a high demand for maize, the main staple food across the country. In order to increase and guarantee production of high quality maize flour produced, Fred approached Mango Fund for a credit facility to enable him purchase better machines that would ensure increased production and a more refined and superior quality of the maize flour.
Civil engineering and metal fabrications, Kampala, Uganda
Ronald Sezzibwa owns is a civil engineering and metal fabrication company, His civil engineering operations range from the initial architectural design to the final completion of a house or premise. Metal fabrication primarily involves the fabrication and manufacturing of agricultural machines, the fabrication of metal doors, windows, sauce pans and gates, and specialized fabrication. SEB Engineering is a healthy, established business looking for growth financing to increase its technological capabilities.
In 2014 Mango Fund provided a loan to SEB Engineering to cover the procurement a plasma CNC cutting system from the United States. Ronald is the first manufacturer in Uganda who is able to deliver metal fabrication elements using this technology. Thanks to Mango Fund he gained a substantial advantage over his competitors from abroad as he can deliver his products immediately without bearing transportation and customs duty costs that importers incur.
Fashion label and producer, Kampala, Uganda
Olga Mugyenyi, Nadia Beghani, and Nahida Beghani are three amazing businesswomen who combine their passion for Africa-inspired design and strong entrepreneurial skills. DEF.I.NI.TION Africa is a fashion label and manufacturer producing t-shirts, polo shirts, cushions, stationary, and souvenirs. DEF.I.NI.TION’s products are inspired by the Ugandan culture and all materials are sourced and produced in Africa. Currently, they have one outlet in Kampala but they sell their products to all East African countries though their online store. DEF.I.NI.TION Africa was recognized by business channels of CNN, BCC and Olga, Nadia, and Nahida won the Young Creative Entrepreneur Award 2014 organized by the British Council.
In 2014, Mango Fund provided a loan to increase DEF.I.NI.TION’s stock of working capital and delivered consulting services to Olga, Nadia, and Nahida to improve their business processes. Currently they are considering further expansion in Uganda and beyond.
Commercial farming, Fort Portal, Uganda
Rebecca and Eric Kaduru have developed five acres of land to commercially farm fruits and vegetables. Passion fruit is KadAfrica’s primary crop as the Kadurus recognize its potential on a commercial scale. Almost all passion fruit produced in Ugandan is grown as a small-scale, household crop. KadAfrica’s commercial passion fruit farm is a major advancement for Ugandan fruit production. The farm will displace significant imports of passion fruit, thus keeping more wealth in Uganda. KadAfrica also delivers capacity building training to the local community. Girls Agro Investment (GAIN), a joint project by KadAfrica and Catholic Relief Services won a SEED Initiative Social Entrepreneur Award in 2014. KadAfrica was recently featured in Forbes as a business promoting youth employment.
Mango first provided a loan to KadAfrica to expand its irrigation equipment to fight droughts and improve yields. Mango then made an equity investment with KadAfrica in December of 2012. Mango Fund is thrilled to be a part of KadAfrica’s sustainable commercial farming practices. With its advanced crop rotation, intercropping and green housing, this farm serves as a model for the future of horticulture in Uganda.
Premium Paints & Chemical Product,
Paint manufacturer, Mbarara, Uganda
In 2009 Godfrey Musinguzi, after working over 10 years with major paint manufacturers in East Africa, decided to come back to Uganda and open his own business. Premium Paints & Chemical Product Limited is a paint manufacturer and painting service company with its own outlet in Mbarara in Western Uganda. Godfrey’s business approach is to deliver high-quality products at a lower price than the leading regional paint manufacturers. This small, but quickly growing company managed to create an impressive network of local institutional and business clients, such as schools and local construction companies.
In 2014, Mango Fund gave Godfrey a working capital loan to expand Premium Paints’ inventory. Currently, the company has been gradually increasing its sales. Premium Paints is a good example of a local company that faces down major players in the market by providing high-quality products at the local level.
Recycling of plastic waste, Kampala, Uganda
Christine and Robert Mawanda buy plastic waste from garbage collectors across Kampala and turn it into reusable plastic pellets and other products that are sold on the Ugandan market. They have ingeniously developed a business that turns this destructive waste, and blight on the African landscape, into a profitable business.
Mango provided a loan to Teefe Plastics to enable them to buy additional equipment in order to triple their production. Their business adds dramatic value from what would otherwise be waste, creating wealth in Uganda, and helping to preserve Uganda’s fragile environment.
Congolese apparel manufacturing and sales, Kampala, Uganda ("Gift from God"
Alice Nyota Lunanga is a Congolese refuge who fled the ongoing civil conflict in the Democratic Republic of Congo in 2006. What started with a single piece of fabric bought with the last of Alice’s savings has become Don De Dieu – a thriving business with over 30 employees. Don De Dieu produces Congolese-style apparel that celebrates its culture with bright colors and rich embroidery. The success of this single mother of three can be attributed to her confidence, hard work, and natural business savvy.
Mango provided a working capital loan for Alice to build her clothing inventory. Potential customers are now satisfied as Alice can now stock apparel of various sizes and colors. As her business grows, her employees benefit through commissioned based pay and on job training for personal development. If Alice is not at her shops, she is likely tracking down the best materials across Africa, promoting Women’s Empowerment, or spending time with her children.
Smart Foods Manufacturing of soy products, Kampala, Uganda
Several years ago Martin Ssali launched a tofu business to enter into the growing Ugandan market for healthy living products. He had moderate success, mostly selling to the expatriate population. Recognizing that Ugandan’s prefer sausages as their means to enjoying their meat products, he developed a soy sausage. After some initial product testing, it appeared that these sausages would be a huge hit with Ugandans.
Mango Fund gave Smart Foods a loan to roll out the sausage product to a number of grocery stores and restaurants around Kampala. This product is an innovative way to add value to inexpensive soy. As Martin grows his business he hopes to launch a host of products that incorporate soy and other vegetables as meat substitutes. Martin’s business creates wealth and provides healthy food options to an otherwise saturated-fat focused market.
Dr. Felix is a Medical Officer who owns a private medical facility in Northern Uganda.
Felix is a general medical practitioner who owns a private medical facility in one of the Northern Uganda District’s. Felix’s vision to start a medical facility was driven by the need to provide good, easily accessible and affordable health care services to the undeserved population in Northern Uganda. His facility now offers a wide range of healthcare services including; general medicine, antenatal care, general surgery, dental services, immunization, vaccination, laboratory, orthopedic, inpatient services, cancer screening, gynecology, pediatrics and child health among others. The medical facility currently employs 19 staff, most of whom are well-trained, experienced and skilled medical professionals.
In 2021 Felix approached Mango Fund for an asset finance loan that enabled him purchase an Ultra sound Scan and a CBC Machine. Ultimately, the availability of these machines enabled the health facility provide better and affordable medical services to the people in the Lango sub region.
Jimmy is a Mango Fund client who owns a Medium sized Agro-processing business
Jimmy is a Mango Fund client who owns a Medium sized Agro-processing business located in Northern Uganda. His engaged in the processing, packaging and selling of maize flour and maize bran which he supplies to several wholesale traders, retail outlets and animal feed owner’s within the various Districts of Northern Uganda.
The entrepreneur’s main aim of partnering with Mango Fund was to overcome the challenges that he was faced with in his business relating to low production due to the old milling machine that he had at that time. To address this challenge, the entrepreneurs in 2021 approached Mango Fund seeking for an asset Finance loan that enabled him acquire a new 8 ton maize mill; Acquisition of this mill has led to an increase in his company’s production and profitability levels. The new machine has further enabled Jimmy process grain in a more efficient manner as the new machine reduced electricity consumption by ~50%.
Francis is an engineer by profession who owns a toilet paper manufacturing factory in Northern Uganda
Francis is an Entrepreneur and engineer by profession who owns a toilet paper manufacturing factory in Northern Uganda. The toilet paper produced is sold on both a wholesale and retail basis to a wide range of clientele base including but not limited to hotels, schools and the general communities located in the larger part of the Lango region.
Francis is one of the new entrants to the Mango Fund portfolio who was onboarded in the earlier months of 2021 and with the Mango Fund support, he was able to purchase and install a three-phase transformer which has enabled him to overcome the erratic power supply challenges and in return, production has increased as well as revenue and profitability.
The business has created a positive social-economic impact in the community by creating employment for 20 workers with a good blend of men and women. The women are mostly in charge of packaging and marketing while the duties for men range from and the men are involved in the production process. While the men’s duties range from machine operations to loading and offloading among others.
With the continued partnership with Mango Fund, Francis hopes to not only create positive impact on the entire Northern region by not only creating employment opportunities to the local population but also bringing the services nearer to the people.
James is an entrepreneur who owns a construction company that is engaged in the production of construction materials in Northern Uganda
James is a Mango Fund client who’s engaged in the manufacture of construction materials such as compound pavers, blocks, spindles and concreate stones among others. The products sold by James are made out of the sand, fly ash, cement, limestone, clay, and water. He has over 200 clients who comprise several construction companies, real estate developers, schools, hospitals, NGOs, and several other individual consumers spread across the Northern and the Eastern regions of Uganda and some parts of Southern Sudan.
Prior to his partnership with Mango Fund, James was hiring vehicles to transport raw materials from distant locations to his manufacturing site, an expense that he said was very costly and almost consumed all his profits affecting the company’s ability to expand. To address this challenge, James approached Mango Fund for an asset finance loan in2021; this loan enabled him purchase an 8 ton truck that has helped the company ease in the transportation of materials and distribution of the company products. James believes that the availability of this truck will help in reducing the costs of his company operations, improve the company’s profitability and efficiency levels at which he does his business.
Janaro and Casto are two engineers that own a wood and metal fabrication business in Northern Uganda
Janaro and Casto are two entrepreneurs engaged in the production of various wood products ranging from school furniture, contemporary and traditional living room furniture as well as kitchen and dining furniture all manufactured from their workshop located in Northern Uganda. They also deal in the manufacture of various metallic fabricated products such as metallic doors and window frames, gates, kiosk, shutters, metallic beds, desks and many more.
Prior to Mango fund’s investment, Janaro and Casto lacked good equipment to produce good quality products for their customers and in a timely manner. Since Mango Fund’s partnership with their business in 2019, they have been able to purchase a wood coating machine which they use for polishing and vanishing wooden furniture, wooden floors and decorative boards. They also purchased a wood plainer machine and a CNC wood router machine (this is a computer controlled tool) that they use to curve and or etch images / objects on various pieces of wood. Overall, the business has improved the efficiency at which they do their work and has recorded growth in their business with demand for their products coming from within and beyond northern Uganda.
Fred is a mechanical engineer who owns a Maize Milling Company in the central region of Uganda
Established in 2008 after serving with different institutions, Fred set up a plant whose core focus is maize milling and eggs production. With a modern grain processing equipment, Fred has been in position to set base for sustainable production of maize flour and maize bran both currently being sold to the local and the regional markets throughout the year.
Maize, as a crop, is a highly demanded commodity and staple food, not only in Uganda, but in the East African region as a whole. A large number of farmers in the country have now embraced the practice of farming “as a business” and this has created a steady supply and a high demand for maize, the main staple food across the country. Fred supplies his maize flour to various schools located in the central region of Uganda as well as various wholesale traders located in Wakiso, Mukono and Kampala Districts.
In order to increase and guarantee production of high quality (grade) of the maize flour produced Fred approached Mango Fund for a credit facility to enable him purchase better machines that would ensure increased production and a more refined and superior quality of the maize flour.
John An Entrepreneur Who Owns an Agro-Processing Company and A Farm in Western Uganda
John established an Agro-processing company involved in sorting, drying, milling and packaging of maize Flour and maize bran on a commercial scale in 2011. The business uses advanced technology and is run by highly motivated and trained staff.
John has been very supportive within the community where he runs his business. He buys maize from over 350 small-holder farmers and maize traders which he then bulks at his warehouse to enable continued milling throughout the year. John’s company adds value by engaging in milling and processing of flour (posho) from locally sourced maize and packages it for both the local and cross border market.
The plant employs over 30 staff during the peak season, the biggest composition of this staff are casual workers from the local community.
John has acquired a number of loan facilities from Mango Fund and has registered progress in his business. He is an example of what technical assistance can do to improve on the client’s business. Continued investment in the entrepreneur has offered Mango Fund more visibility in the western region as the Entrepreneur is well known and respected in the area.