Segal Family Foundation

The Segal Family Foundation, established in 2006, is a non-profit organization based in the United States committed to enhancing the well-being of communities, particularly in East Africa. The foundation partners with exceptional individuals and organizations focused on eradicating poverty and fostering development in the region. Through its collaborative efforts, the Segal Family Foundation aims to create sustainable improvements in the lives of those it serves, addressing critical challenges and promoting long-term growth.

Andy Bryant

Executive Director

4 past transactions

Numida

Seed Round in 2021
Numida Technologies is a fintech company working to unlock financing for the 22 million African small businesses that need it. TrackApp, their simple record-keeping mobile app, allows businesses to build financial track records that enable them to make better business decisions and prove their creditworthiness to potential lenders.

Tugende

Series A in 2020
Tugende is a financial service provider based in Kampala, Uganda, focused on assisting informal sector entrepreneurs and small to medium enterprises. Founded in 2012, the company primarily helps motorcycle taxi drivers transition from renting to owning their motorcycles within eighteen months. This ownership model enhances drivers' income, job security, and road safety. In addition to motorcycles, Tugende offers financing for various business assets, including taxis, matatus, and boat engines, as well as supplemental assets like smartphones, salon equipment, and sewing machines for existing clients. The company also provides a range of services that include insurance, safe riding training, safety gear, and genuine spare parts, thereby supporting the overall well-being and productivity of its clients.

Dios Dental Clinic

Debt Financing in 2019
Dios dental is a network of dental clinics which aims to bring affordable quality dental care. Their transparent pricing policy allows its clients to know their budget, with standard treatment and sterilization protocol. It was founded on March 1, 2016, and is headquartered in Rubaga, Uganda.

Jibu

Series B in 2018
Jibu provides a comprehensive, turn-key start-up package for local entrepreneurs to start their own neighborhood businesses by treating and packaging water in reusable bottles. 450 million East Africans do not have reliable access to safe drinking water. Jibu currently works within this emerging market in the Democratic Republic of the Congo, Rwanda and Uganda and plans to expand to surrounding countries in the coming years. Jibu provides seed-financing and support to equip East African entreprenerus with the materials needed to launch safe drinking water franchises. Jibu offers an opportuntiy for local entrepreneurs to make drinking water 75% cheaper than bottled water, at the same price as boiling water, but with the convenience of door-side delivery and the aspirational association with bottled water.
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