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Saving vs Investing: Why you Need Both

Over the past two decades, Uganda has witnessed significant growth in property values, particularly around Kampala and ...

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 ...

From Refugee to Entrepreneur: Marceline’s Journey with UGAFODE

This year’s World Refugee Day, we share the inspiring story of Marceline Nyarunja, a refugee entrepreneur whose ...

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 ...

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 ...