June 16 is a very special day at Lupiya. It marks the day in 2016 that we started our journey of impacting people’s lives by changing the way ordinary people access financing. We saw an opportunity to create a platform for over 6 million adults who were financially excluded.
“The idea of Lupiya came to me when I failed to access capital for a small project from a bank because I did not meet the requirements. It dawned on me that millions of women in Africa where in a similar position. I was determined to change that!” Evelyn Kaingu, Founder and CEO.
Starting with only K6,800, we were able to deliver and scale our product to over 6000 customers. We have been able to raise 1 million USD in venture capital to help us fuel our next phase of growth.
Lupiya’s work in financial inclusion has not gone unnoticed. We have won several awards including the E-commerce Award for Financial Inclusion in Zambia and the Best Series A Startup at the AfricArena Southern Africa Summit.
Evelyn Kaingu says, “It is great to see Lupiya grow from a small company that I ran from my apartment to a company with a team that is able to provide loans to all provinces in Zambia. I am happy that this has been achieved in 5 years and I look forward to taking Lupiya to the rest of Africa in the next 5 years.”
At Lupiya, we are excited to be on this wonderful journey of service. We thank all our customers and partners who have believed in us — the belief that made this bold vision a reality.
