Credit Scoring

Leaders from Uganda’s digital finance ecosystem at the gnuGrid Universal Loan Checker Uganda stakeholder meeting, highlighting collaboration on responsible digital lending.
Key leaders from Uganda’s digital finance ecosystem — L-R: Japhet Aritho, CEO, Airtel Mobile Commerce Uganda Limited (Airtel Money); Richard Yego, Managing Director/CEO, MTN Mobile Money Uganda; David Opio Obwangamoi, Founder and Team Lead, gnuGrid CRB; Shakila Kerre, MSME & Fintech Financing Specialist, UN Capital Development Fund (UNCDF) and Racheal Vanesa N. Muhwezi, Manager for Microfinance Institutions, Uganda Microfinance Regulatory Authority (UMRA) — are united behind the Universal Loan Checker. Their shared commitment to transparency, interoperability and responsible lending signals a major step toward safer borrowing, stronger portfolios and greater trust across the digital credit market.

gnuGrid CRB Set to Unveil Uganda’s First Cross-Network Digital Loan Checker

For years, Uganda’s digital lending sector has expanded at breathtaking speed, but without the underlying visibility required to support responsible growth. Borrowers have increasingly turned to mobile money as their main source
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.

STAKEHOLDERS: GnuGrid CRB and Airtel’s new Mobile Credit Scoring system to herald a new dawn in digital lending and 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
January 29, 2024
David Opio Obwangamoi, Founder & Executive Director, gnuGrid CRB (left) and Japhet Aritho, Managing Director, Airtel Mobile Commerce Uganda Limited (AMCUL) speak at the launch of the Mobile Credit Score.

GnuGrid CRB and Airtel Mobile Commerce Launch Uganda’s First-Ever Mobile Credit Scoring System

GnuGrid CRB, Uganda’s first and only indigenous credit reference bureau to be licensed by the Bank of Uganda and Airtel Mobile Commerce Uganda Limited, a provider of affordable and secure financial services
January 29, 2024

 

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