How You Can Start a Business With No Capital in Uganda - Adad Iraguha Explains!

Are you a business owner, corporate leader, or someone with a story others need to hear? We'd love to feature you on our show! Contact us today via WhatsApp at +1 469 278 1138 or call +256 704 233 306. In this episode of CEO Insights Uganda, we speak with Adad Iraguha, the President of the Uganda Leasing Association (ULA). Adad talks about how Leasing and Asset Finance play a critical role in empowering entrepreneurs and companies by providing access to essential equipment, vehicles, and machinery without the upfront costs of ownership. From small business owners looking to scale operations to large enterprises seeking efficient capital management, these financial solutions unlock growth opportunities, enhance cash flow, and enable companies to invest in their future. In this conversation, Adad shares his deep expertise on how leasing is driving innovation, reducing financial barriers, and fostering economic growth in Uganda and across the globe. Whether you're a startup, SME, or established business, learn how to leverage these tools to achieve your goals and financial success. Don't forget to like, comment, and subscribe for more valuable content. You can reach Adad directly at +256782556351. *Episode Chapters* 00:00 Intro and Bio 03:45 Definition of Leasing 04:38 On the contribution of Leasing to Uganda's GDP 06:54 On how one can use leasing to start a business 12:20 Some success stories 14:40 On why Leasing and Asset Finance are not commonly known in Uganda 19:40 On the challenges in the Leasing Industry 23:48 His message to the public on Leasing 25:54 Leasing and Asset Finance options available for the rural farmer 28:20 On the question of the Interest Rate applied to Leasing or Asset Finance facilities 31:02 On the monetary threshold for setting up a leasing or asset finance facility 33:15 On the Risk of Diversion 35:02 Advocacy and Communication challenges 39:00 On how you can upgrade your equipment to the next model through Leasing 41:20 On consequences of failure to pay the Lease amounts 43:10 Technological advances in the Leasing Industry 44:40 On the Leasing options available for SMEs 46:05 On what recourse banks have given that no Leasing Law exists in Uganda 49:13 On potential collaborations with FinTech companies 50:06 Leasing options available for Ugandans in the Diaspora 51:33 On what inspired him to take on the role of President of the ULA 54:33 His advice to entrepreneurs seeking banking services *CEO Insights Uganda with Herbert Rwabugahya is Uganda’s number one podcast.* The most-watched and fastest-growing show on YouTube and other audio platforms, delivering bold, unfiltered, and inspiring conversations that matter. Widely ranked as the best Ugandan podcast and consistently topping lists of top podcasts in Uganda, this is where the past, present, and future of Uganda come alive through powerful storytelling and real-life insights. Whether you're searching for a Ugandan podcast, exploring podcasts about Uganda, or trying to discover the most relevant podcasts from Kampala, CEO Insights Uganda is your trusted source. This isn’t just another business podcast in Uganda—it’s a dynamic space where leaders, builders, and visionaries across every sector share their stories. From high-level CEO interviews in Uganda to deep dives with founders, investors, politicians, creators, and cultural icons, we go beyond the headlines to explore the real stories shaping Uganda’s business, politics, innovation, and society. Each episode offers a masterclass in leadership, entrepreneurship, resilience, and smart strategy, whether you're curious about real estate podcasts in Uganda, startup journeys, or how top brands in Uganda were built. If you’ve ever searched YouTube for terms like Lynn Ngugi show, The Diary Of A CEO podcast, The Ugandan Boy Talk Show, how to Start a Business in Uganda, or The Ugandan Podcast, you’ve just found your new favorite show. We don’t just talk about success—we unpack it. Expect candid discussions about challenges, breakthroughs, and decisions that have shaped some of Uganda’s most influential lives. CEO Insights Uganda is also among the most trusted Uganda news podcasts and politics in Uganda podcasts, often spotlighting public leaders and game changers driving the region forward. Filmed in Kampala but watched across Kenya, Rwanda, Tanzania, South Sudan, the UAE, the UK, and the US, CEO Insights Uganda is a pan-African platform with global reach. Whether you're a student, entrepreneur, policy thinker, or just passionate about Uganda’s transformation, this show gives you the rare, raw, and real stories that define East Africa’s future. *For business inquiries or guest recommendations, reach out via WhatsApp at +1 469 278 1138, or call +256 704 233 306