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In this exclusive interview, Moses Akampurira, Digital Products Lead at Letshego Uganda, gives us a front-row seat into how this breakthrough is unfolding on the ground. Powered by real-time behavioural…
Looking back, 10 years ago, the whole concept of credit health was just beginning to take shape—banks were only starting to engage, and technology hadn’t really entered the scene yet….
The Financial Sector Deepening Uganda Board, has in the interim, appointed Ms. Sarah Byabazaire, the current Chief Operating Officer (COO), to assume the role of Acting Executive Director. Ms Byabazaire takes over from Patrick Oketa following the conclusion of his contract on June 15, 2024. “The priorities and values of the organisation remain unchanged. We are counting on your usual support to Ms Byabazaire and the rest of the FSD Uganda team during this time and beyond in our quest to improve the financial sector. We are confident that she will capably hold down the fort during this period,” a…
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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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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 in Uganda have today unveiled Uganda’s first-ever mobile credit scoring system. Aptly named, Mobile Credit Score, the solution has been developed with the support and regulatory guidance from the Bank of Uganda and the Uganda Microfinance Regulatory Authority. Unlike the traditional and more conservative credit reports available on the market today, which rely only on credit history supplied by regulated financial institutions, the more innovative and proactive gnuGrid…
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