Just-in-Time (JIT) Capital Ltd. was founded in January 2011 as an Investment and Financial Services Company operating in Sierra Leone. Within the first seven years of operations JIT Capital established itself as a major service provider for SMEs. The company is also a major player in the commodity market and holds the Trademark for some branded products, including Binta’s Baby Diapers.
With it headquarter in Freetown Sierra Leone, JIT Capital Ltd is also planning to register in the United Kingdom, Ghana and The Gambia. Presently, the company is focused on three business lines:
Micro finance Bank
Venture Capital and Business Development
Other Financial Services
The Micro finance Bank is a business within JIT Capital Ltd that provides financial services to small and medium scale enterprises. The medium term objective of JIT Capital is to acquire a Bank of Sierra Leone license to operate as a Savings and Loans Company under the Non-Banking Financial Institutions (NBFI) Law in Sierra Leone. The Savings and Loans license would enable JIT Capital to significantly expand its operations, provide more market oriented and customer focused services and maintain more creditable and sustainable operations in future. In the long term, JIT Capital will established an Investment Bank component and engage in Funds Management, Asset Management, Venture Capital and Project Financing.
Venture Capital and Business Development (VCBD) is that part of JIT Capital business that concentrates on providing equity and/or debt capital for small and medium terms enterprises. The focus of the VCBD is also to help businesses to undertake larger investment by capital syndication. Hundreds of startups will benefit from this scheme in the next five years.
Other financial services will include business planning, financial literacy training, business valuation.