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STAKEHOLDERS: GnuGrid CRB and Airtel’s new Mobile Credit Scoring system to herald a new dawn in digital lending and financial inclusion

Patrick Oketa, Executive Director, Financial Sector Deepening Uganda (FSDU); Ms. Edith Namugga Tusuubira, Executive Director, Uganda Microfinance Regulatory Authority (UMRA); Pascal Mukisa, Head of CRB Services, in the Department of Non-Banking Financial Institutions, Bank of Uganda and Moses Ogwapus, Commissioner Financial Services, Ministry of Finance, Planning And Economic Development. They hailed the Mobile Credit Score as a transformative and ground-breaking development in the financial landscape of Uganda and a significant milestone in the journey towards financial inclusion.

Public and private sector stakeholders as well as development partners, in Uganda’s financial services ecosystem, have welcomed GnuGrid CRB and Airtel Mobile Commerce’s Mobile Credit Score as a significant milestone in the journey towards unlocking the transformative power of digital financial services in extending especially credit to the largely unbanked potential borrowers at the bottom of the pyramid. Speaking at the launch of the mobile credit scoring system on 24th January 2024 at Kampala Serena Hotel, Moses Ogwapus, the Commissioner of Financial Services at the Ministry Of Finance, Planning And Economic Development and the guest of honour at the launch,…

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