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About Asaak

Asaak is a financial technology platform from Asaak that provides access to credit for small and medium-sized enterprises (SMEs) in emerging markets. It includes features such as loan applications, credit scoring, and repayment management to help businesses obtain necessary funding. Asaak aims to support SMEs that often struggle to acquire traditional financing. The platform uses alternative data to assess creditworthiness, enabling a more inclusive approach to lending. Key capabilities: loan application management credit scoring repayment tracking alternative data analysis customer support Best for: small and medium-sized enterprises that need access to financial resources for growth.

Asaak Details

Vendor
Asaak
Year Launched
2019
Location
C6F3+GJV, 13 Grant Rd, Jinja, Uganda
Deployment
cloud, ios, android
Training Options
demo
Countries Served
Uganda
Languages
English
Users
Industries Served
Finance, Loan
Tags
Loan Origination, Microfinance Software, Asset Finance & Leasing

Asaak's In-App Market Place

Does Asaak have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

N/A

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

UGX(Uganda shillings)

Pros & Cons

  • Real users consistently mention that loan approvals often take less than 3 days
  • Allows drivers to move from "renting" to "owning," which can double their daily take-home income.
  • Asaak offers a Luganda-speaking AI chatbot and local branch support across major towns
  • The weekly repayment schedule is strict
  • While competitive for the African market, it is still considered high by users
  • Heavy Reliance on Third-Party Data

Asaak's Support Options

Email Address

support@asaak.com

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