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UGAFODE Equips School Owners with Financial Literacy Skills to Strengthen Schools as Businesses

UGAFODE Equips School Owners with Financial Literacy Skills to Strengthen Education Businesses                                                                                       […]

8 Common Loan Mistakes Business Owners Make: How to avoid them

Access to finance remains one of the most important drivers of business growth. Whether you are launching a start-up, expanding a school, increasing stock, purchasing machinery, investing in agricultural production, opening a new branch, or growing an established enterprise, access to the right financing can provide the capital needed to turn ambition into sustainable growth. […]

Borrowing on Mobile Money? Your Digital habits may be building or damaging your Financial Reputation

Every day, millions of Ugandans borrow money through mobile money platforms and other digital channels. You no longer have to leave work, close your business, or spend hours moving from one office to another to access credit. Just anywhere you can simply use your phone to apply for a loan and receive money instantly. But […]

Financial literacy is necessary, but it is not sufficient on its own.

By: Jonathan Mugalu, Executive Director UGAFODE Microfinance For decades, financial literacy has been viewed as the answer to financial exclusion. The assumption has been simple: if people understand financial products, they will naturally use them. Yet experience in Uganda suggests otherwise. Over the last decade, access to formal financial services has improved significantly. According to […]

From Inclusion to Impact: How UGAFODE is Demonstrating the Business Case for Refugee Financial Inclusion in Uganda and Africa

By: Aden Mbaziira (Head Business Generation-UGAFODE Microfinance)   Uganda has earned global recognition as Africa’s largest refugee-hosting country, providing safety and opportunity to nearly two million refugees fleeing conflict and instability across the region.     Beyond offering protection, Uganda has adopted one of the world’s most progressive refugee policies such as allowing refugees to […]