Untu Capital

Untu was founded in 2009 by Clive Msipha to meet the growing demand for credit from small business and entrepreneurs. Untu offers loans, savings and insurance products from its branches in Harare and in four towns across southern Zimbabwe. Dollarization of the economy in 2008 was followed by significant liquidity constraints, which created opportunities for new financial players to serve healthy businesses in the SME sector. Untu's low cost, technology driven and flexible business model aims to capitalize on this opportunity. Untu's name is derived from the people indigenous to Southern and Eastern Africa, the Bantu. Ubuntu is a value system based on integrity and a belonging to the community, values that are reflected in Untu's mission to grow in step with the businesses it supports.