Terms & Conditions

1Acceptance of Terms

By accessing or using AfrikCap's services, website, or platform, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions. If you do not agree to these terms, you must not use our services.

2Service Description and Important Disclaimers

AfrikCap Limited operates as a loan sourcing and facilitation platform in Uganda. We connect small retailers, micro-enterprises, and SMEs with licensed financial institutions for working capital loans.

3No Guarantee of Loan Approval

Submitting an application through AfrikCap does not guarantee loan approval. Credit decisions are made independently by our lending partners based on their criteria, which may include but are not limited to:

• Credit history and creditworthiness assessment
• Business performance and financial health
• Collateral availability (if required)
• Regulatory compliance requirements
• Internal risk assessment policies

AfrikCap makes no representations or warranties regarding the likelihood of loan approval.

4User Responsibilities and Information Accuracy

By using our services, you represent and warrant that:

• You are at least 18 years of age and legally capable of entering into binding contracts
• All information you provide is accurate, complete, and truthful
• You will promptly update any information that becomes inaccurate
• You are the owner or authorized representative of the business applying for financing
• You will not submit fraudulent, misleading, or false applications
• You will not use our services for any illegal or unauthorized purposes

5Fees and Charges

AfrikCap's services are free of charge for applicants. We do not charge any upfront fees, application fees, or processing fees to borrowers.

We receive commissions from lending partners upon successful loan disbursement. These commissions are paid by the lenders and do not affect the loan terms offered to you.

Warning: If anyone claiming to represent AfrikCap asks you for upfront payment, this is fraudulent. Please report such incidents to us immediately.

6Limitation of Liability

To the maximum extent permitted by law:

• AfrikCap is not liable for any decisions made by lending partners regarding loan approval, rejection, or terms
• AfrikCap is not liable for the loan terms, interest rates, fees, or conditions offered by lending institutions
• AfrikCap is not liable for any disputes, defaults, or issues arising between you and the lending institution
• AfrikCap is not liable for any direct, indirect, incidental, consequential, or punitive damages arising from use of our services
• AfrikCap is not liable for any losses resulting from inaccurate information provided by you

Our total liability for any claim shall not exceed UGX 100,000 (One Hundred Thousand Uganda Shillings).

7Intellectual Property

All content on the AfrikCap platform, including but not limited to text, graphics, logos, trademarks, and software, is the property of AfrikCap Limited or its licensors and is protected by intellectual property laws.

You may not reproduce, distribute, modify, or create derivative works without our express written permission.

8Termination

We reserve the right to suspend or terminate your access to our services at any time, without prior notice, for any reason, including but not limited to:

• Violation of these Terms and Conditions
• Provision of false or fraudulent information
• Suspected illegal activity
• Request by law enforcement or regulatory authorities

9Dispute Resolution

In the event of any dispute arising out of or relating to these Terms and Conditions or our services:

1. Amicable Resolution: The parties shall first attempt to resolve the dispute amicably through good faith negotiations within 30 days
2. Mediation: If amicable resolution fails, the dispute shall be submitted to mediation under the rules of the Centre for Arbitration and Dispute Resolution (CADER) in Kampala
3. Arbitration: If mediation fails, the dispute shall be resolved through binding arbitration in Kampala, Uganda

10Governing Law and Jurisdiction

11Amendments

AfrikCap reserves the right to modify these Terms and Conditions at any time. Continued use of our services after such modifications constitutes acceptance of the updated terms.

12Contact Information

For questions about these Terms and Conditions, please contact:

These Terms and Conditions were last updated in March 2026 and are governed by the laws of the Republic of Uganda.