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Lemik Leasing Limited Sustainable Financing

Cover image of Lemik Leasing Limited, Financial services venture on VC4A

Lemik Leasing Limited

Lemik Leasing Limited

Financial inclusion to SMEs through use of asset leasing to deploy new productive assets to their businesses to support their operations and scale. This addresses 71% of needs for external finance by SMEs and creates a path to access capital without need for other tangible collateral to support their capital investments. Lack of additional collateral contributes to 76% of decline decisions for bank finance applications. Our solution also mitigates against risk of funds diversion with actual investment tied to the business operations thereby supporting the growth and scale of the business.

Sectors Financial services
Location Nairobi, Kenya
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