SHONA Capital
OperatingKampala-based lender giving formal Ugandan SMEs flexible working-capital loans plus hands-on management support.
- SME Lending
- Kampala, Uganda
- Debt Financing
- Founded 2022
- shonacapital.co ↗
- Total raised
- $5M
- disclosed
- Last round
- $5M
- Debt Financing
- Rounds
- 1
- since 2022
- Investors
- 1
- on record
About SHONA Capital
SHONA Capital lends $5,000 to $100,000 to formal small and medium businesses in Uganda across food and agriculture, healthcare, retail and manufacturing, disbursing within 5–10 days. It uses its own technology for onboarding and credit assessment and adds management support. Founded in 2022, it builds on more than a decade of SME advisory work by its parent, SHONA Group.
SHONA Capital funding1 round
SHONA Capital has raised $5M across 1 disclosed round. The latest is a $5M Debt Financing announced 15 Jul 2026.
Who has invested in SHONA Capital
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 15 Jul 2026 | SHONA Capital Debt Financing | TLG Capital | $5M |
SHONA Capital founders & team
- Ivan MandelaCo-founder & CEO
SHONA Capital competitorssame sector · similar funding
- Bright On CapitalBryanston, South Africa
- ShahryCairo, Egypt
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Frequently asked about SHONA Capital
- Where is SHONA Capital based and when was it founded?
- SHONA Capital is headquartered in Kampala, Uganda and was founded in 2022.
- Who founded SHONA Capital?
- SHONA Capital was founded by Ivan Mandela (Co-founder & CEO).
- Who is the CEO of SHONA Capital?
- Ivan Mandela is SHONA Capital's Co-founder & CEO.
- How much funding has SHONA Capital raised?
- SHONA Capital has raised $5M across 1 disclosed round. Its latest, a $5M Debt Financing, was announced on Jul 15, 2026.
- Who has invested in SHONA Capital?
- Backers include TLG Capital.
- What sector is SHONA Capital in?
- SHONA Capital operates in SME Lending and FinTech.
