After launching two businesses that unfortunately failed, he turned to technology, offering a fintech solution that enables small and medium-sized businesses to manage their accounts and access financial services.
Emmanuel Emodek (photo) is a Ugandan entrepreneur and the co-founder and CEO of ChapChap, a startup that helps small and medium-sized businesses keep their accounts and access financial services.
After graduating from high school, he opted out of university to help his mother and brothers earn a steady income. For that purpose, he launched two successive businesses which unfortunately failed. Then he met one of his former school teachers, Monica Kiconco Asiimwe, who asked him to come up with an idea for a solution that would help entrepreneurs.
"Monica saw something in me. She told me that she knew I could think up some kind of solution that would help small business owners stay afloat," Emmanuel Emodek indicated in 2019.
Following his former teacher’s advice, in 2016, he launched ChapChap. His co-founders in that endeavor are Monica Kiconco Asiimwe and James Alituhikya, a software engineer and at the same time one of Monica’s former students. ChapChap is an app that enables entrepreneurs to manage their inventory, sales, expenses, and profits and also gives them access to loans, insurance, and markets.
Since its launch, ChapChap has enjoyed remarkable success. In Uganda, the company already offers its services to over 20,000 micro, small, and medium-sized enterprises. In 2019, its CEO was chosen from among eight entrepreneurs to receive the HRH The Prince of Wales Young Sustainability Entrepreneurs Prize awarded by Unilever and Cambridge University's Institute for Sustainability Leadership.
Before becoming an entrepreneur, Emmanuel Emodek worked as a cabin crew for Air Tanzania Company Ltd from 2005 to 2010. Between 2007 and 2012, he was an independent distributor for QNET Ltd, a lifestyle and wellness company that uses a direct sales business model to offer a wide selection of products.
Melchior Koba
