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 […]

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 […]