Most Popular Questions

Find answers to common questions about Mango Fund’s mission, services, and support for entrepreneurs on our FAQ page.

1. What is Mango Fund?

Mango Fund is an impact investment fund that aims to support economic development of East Africa by promoting growth of Small and Medium Enterprises (SMEs) that leverage on technology to do in-country value addition. Mango Fund Inc. assists local entrepreneurs in overcoming growth barriers by providing them with financial services. Mango Fund was established in 2011 and currently has two offices in the United States and Uganda. The Uganda Head office is located on Luthuli Avenue in Bugolobi and the satellite office In Gulu Plaza Gulu city.

Mango Fund Inc. operations are spread in Central, Western, Eastern and Northern parts of Uganda

2. Who qualifies for funding from Mango Fund?
    • Sectors that are engaged in manufacturing, agro processing, technical farming, medical services and consumer packaged goods.
    • Businesses engaged in value addition
    • Businesses leveraging on industrial technologies
    • Business that are locally owned
    • Entrepreneurs are growth-oriented
    • Businesses that have existed for more than one year
3. What type of financing does Mango Fund provide?
    • Loans - Asset financing loans
    • Lease financing
4. Does mango fund provide grants or donations?

No, Mango Fund does not provide grants or donations.

5. Mango Fund Loan terms?

Interest charges range from 1.5% - 2% Per Month on a flat rate.

Repayment Period: 6-36 months.

Loans range from $5,000-$150,000. The maximum threshold for first time borrowers is $50,000 and $150,000 for repeat borrowers.

6. Does Mango fund support startups?
  • No, we don’t support startups; Businesses must have existed for more than one year.
7. Does mango fund support women led-businesses?

Yes, we finance established entrepreneurs of all genders. We are so passionate about women entrepreneurs and a we have a special Investment officer in charge of all women loans.

8. What makes Mango Fund different from banks and financial institutions offering business finance?
  • Entrepreneurs are our exclusive focus and, as such, we offer products and services specifically tailored to meet their unique needs.
  • We maintain a close relationship with all our clients to help us monitor their growth and offer assistance where required
  • We offer financial solutions (in form of asset and lease financing)
  • We have a flexible security/collateral arrangement were we accept machinery, equipment and vehicles
9. How long does it take from submitting a business document to getting an loan?

Upon receiving all required documents, we take 3-8 weeks to process your loan. This period includes due diligence and security perfection activities.

Still have a question?

Please send an email to; info@mangofund.org