#40Days40FinTechs Season 4 Day 20 Gloria Okwakunda is a very happy and contented woman. She is happy because of her reliable companion. “My companion is PayLater. Ever since I joined this amazing service, my life has been smooth,” she says with a smile. PayLater is an online hire purchase platform where people acquire products or […]
#40Days40FinTechs Season 4 Day 19 Public transport operators in Uganda struggle to balance books because of the disorganization in this sector. There is no clear monitoring of either taxi conductors, bus, or train wardens. In the end, the business owners are affected by accountability issues which leads to losses in terms of ticketing collections. Even […]
#40Days40FinTechs Season 4 Day 18 In Uganda, the word survival makes a lot of meaning because many people live on a hand-to-mouth income cycle. So, every working day matters. If you don’t work, you don’t eat! The same applies to utilities. It is very common to find households paying daily electricity bills or weekly pay-tv […]
#40Days40FinTechs Season 4 Day 17 For any businessman, anyone who can provide them with quick and cheap credit will definitely be their friend. So, when Edward Mubangizi was introduced to Social Lend Africa, he saw it as a good opportunity to improve his supermarket business in Kisaasi. “My friend told me that their financial services […]
In March 2020, Uganda was placed under a total lockdown following the outbreak of the deadly Covid-19. Only essential workers such as security personnel, market vendors, and construction workers were allowed to continue working. One such essential worker was Sarah Naluwagga Lubambula, a vendor at Kalerwe Market in Kampala. But Naluwagga says despite this allowance, […]
#40Days40FinTechs Season 4 Day 15 Antenatal care is one service pregnant women struggle to seek. Many expectant mothers actually wait to first get a pregnancy complication to go for antenatal monitoring. They just hate the inconvenience of visiting the hospital every now and then. But what if this service was digitized? When Divinah Twinomujuni was […]
#40Days40FinTechs Season 4 Day 13 Vincent Kizito is living with his grandmother in Kabanyi village of Luwero district. The only property they own is a huge piece of land that is lying idle because they lack the resource to develop it. But about a year ago, Kizito heard his friends talking about AgriShare APP, an […]
#40Days40FinTechs Season 4 Day 11 We cannot overemphasize the power of digital media. Whether your interest is in sports, fashion, politics, or business, there is something for you in the digital marketplace. So, when Mayimuna Nalumu started her business in beddings, she utilized digital marketing to supplement her physical shop in Kinawataka. And when things […]
#40Days40FinTechs Season 4 Day 12 The global migration from paper-work to digital systems over the past two decades has received both support and resistance almost in equal measure. The critics have fronted the jobs worry of replacing humans with machines in the employment world while the proponents cite efficiency, convenience, and cost-effectiveness. All said and […]
#40Days40FinTechs Season 4 Day 10 In many parts of rural Uganda, accessing a bank is almost impossible. Even when you chance on one, the red tape involved in accessing credit is unbelievable, especially in agricultural financing. So, farmers usually rely on SACCOs and money lenders to survive. Most of these however come with high interest […]
