Premier Credit Uganda secures $1.5m investment from Enabling Qapital
Swiss impact investor backs expansion of microfinance lender’s services to underserved communities.
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Premier Credit Uganda, a subsidiary of The Platcorp Group, has secured $1.5 million in investment from Enabling Qapital, a Swiss-based impact asset manager. This investment will enable Premier Credit Uganda to scale operations, innovate its services, and extend access to finance to underserved communities across Uganda.
Brett Sievwright, CEO of The Platcorp Group, said: “We are thrilled to receive funding from Enabling Qapital, which is known for supporting impactful, sustainable initiatives globally, and we are looking forward to using this investment to expand financial access to underserved communities who need it the most. At Platcorp, financial inclusion is more than just a strategic objective – it is our ethos. Through our subsidiaries, like Premium Credit Uganda, and our extensive network, we have empowered over one million active clients with access to finance that is ethical, responsive and purpose-built.”
Olivia Fechner, regional manager for Africa and the Middle East at Enabling Qapital, added: “This investment reflects our commitment to scalable, impact-driven initiatives. Premier Credit Uganda’s approach to financial inclusion and community development aligns with our strategic priorities, and we look forward to supporting their continued growth.”
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