Proof of Usefulness Report

AMBA FINANCE UGANDA LTD

Analysis completed on 2/3/2026

+20
Proof of Usefulness Score
You're In Business

The project represents a standard Tier IV Microfinance Institution in Uganda, offering standard loan products (Boda Boda, Business, School Fees). While the real-world utility of financial inclusion is high, the submission quality is extremely poor. It lacks verifiable data, makes hyperbolic traction claims ('most people have used my product'), and provides no evidence of technical innovation or digital footprint. The project scores within the 'Minimal Traction' range due to the lack of proof rather than the lack of potential utility.

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Score Breakdown

Real World Utility+12.0
Audience Reach Impact+1.0
Technical Innovation+0.75
Evidence Of Traction+1.25
Market Timing Relevance+6.0
Functional Completeness+0.25
Subtotal+21.25
Usefulness Multiplierx0.96
Final Score+20

Project Details

Project URL
Www.ambafinanceug.com
Description
AMBA acronym for "African Micro Business Accelerators" P.O BOX No. 125407 is a tier IV MFI that was solely started to financially include the non-banked local community by bringing nonfinancial and financial inclusion in form of loans and financial advice closer to the communities, thus therefore, our products are specially tailored for the MSME community we serve. With Loan products like; 1. BUSINESS LOAN 2. AGRICULTURAL LOANS 3. LOGBOOK FINANCING 4. SCHOOL FEES LOANS 5. SMALL ENTERPRISE LOANS 6. BODA BODA LOANS 7. AASET FINANCING 8. FINANCIAL CONSULTANCY And many more

Algorithm Insights

Market Position
Growing utility with room for optimization
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline