Seed Round Founder Shares
$5K target
33% equity
$10K pre-money
Glydenet Finance is a subsidiary of Glydenet Educational Services, a firm that has worked with teachers and other members of the public for a period of six years here.We therefore have refined knowledge of the clients and the market in which we operate.Even before the onset of Covid 19 pandemic,Teachers and Health workers in Uganda were some of the low paid civil servants in Uganda, as such ,they were always victims of borrowing from commercial banks and other financial institutions in Uganda that would charge exorbitant interest rates for their clients of 25%-30% per month.This exacerbated the poverty among workers. Currently the country is in a total lock down and workers with loans are suffering.The Covid 19 pandemic is going to ramp up poverty and joblessness among most workers more so teachers in private schools.If given this chance, Glydenet Finance will lend out money to teachers at an interest rate of 10% per month.This would help them of set immediately socio-economic challeng...
Glydenet Finance is a subsidiary of Glydenet Educational Services, a firm that has worked with teachers and other members of the public for a period of six years here.We therefore have refined knowledge of the clients and the market in which we operate.Even before the onset of Covid 19 pandemic,Teachers and Health workers in Uganda were some of the low paid civil servants in Uganda, as such ,they were always victims of borrowing from commercial banks and other financial institutions in Uganda that would charge exorbitant interest rates for their clients of 25%-30% per month.This exacerbated the poverty among workers. Currently the country is in a total lock down and workers with loans are suffering.The Covid 19 pandemic is going to ramp up poverty and joblessness among most workers more so teachers in private schools.If given this chance, Glydenet Finance will lend out money to teachers at an interest rate of 10% per month.This would help them of set immediately socio-economic challenges due to the Covid 19 Pandemic.
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Employees

Omagor Moses
Admin
Omagor Moses CEO A teacher and Business man with skills in computing,English.Pursuing a diploma in English and Computer studies