Ashie MUKUNGU, (PhD) is former Chief Economist with the African Development Bank, he is the Lead Partner/CEO for Melo Finance Solutions Ltd.
Melo Finance Solutions is a non-deposit taking financial solutions provider for businesses. Targeting the mass market with a particular interest in the Small and Medium Enterprises sector in Uganda and Africa in general
This subsidiary is the financial arm of the group, it evaluates all financial needs and terms of engagement for the other subsidiary, it also offers consulting services to individual and corporate clients. With the wealth of professional experience of the team globally, we pride ourselves in offering unmatched cost effective professional services.
We offer financing for both short term and long terms bankable projects in any part of Africa.
We are currently accepting and screening medium to long term funding requests for our 2016-2018 work programs. The average tenor (duration of the loan) is 10 years. The funding is available at very affordable dollarized interest rates. Funding size ranges between USD 5m and 1 Billion.
As usual the funding proposals should fully satisfy international banking Criteria and therefore be professionally prepared. Viz: i) project background, ii) project development objective, iii) borrower history and experience in the sector, iv) management set up, v) banking & financial history, well prepared and supported financials, vi) other potential revenue streams/sources of funds, viii) company size and growth targets.
We are looking at both private and public investment operations.
Our Immediate focus is towards the following growth sectors; a) Manufacturing, b) agriculture and Agro- processing, c) ICT, d) power and energy- mainly hydro, e) road infrastructure, f) finance and banking, and g) bonds.
In addition, we offer professional technical support including, towards preparation of quality and bankable project proposals- of course at minimal fee.