At Letshego Uganda, improving lives has never been limited to our customers; it begins with our people. For 20 years, they have nurtured talent, unlocked potential and built a culture where careers flourish as the organisation thrives. Global consulting leader McKinsey & Company reinforces this belief: “The single biggest driver of business performance is the ability to unlock the potential of your people.” Letshego’s commitment to growth is reflected in a broad range of development channels: from structured mentorship and in-house knowledge transfer to leadership programs, cross-functional mobility, and digital learning platforms like Udemy Business. These tools ensure that whether…
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As the CEO of Letshego Uganda, Giles Aijukwe stands at the intersection of ambition and accountability, tasked with delivering financial growth in a sector still playing catch-up on inclusion. In this three-segment Q&A, the seasoned executive opens up about leading with conviction and building a values-based culture. What does “inclusive finance” truly mean to you, beyond the business jargon? To me, it is about dignity. It means ensuring that a market vendor in Gulu or a boda rider in Masaka has the same right to access financial solutions as a corporate professional in Kampala. It’s not charity; it’s creating systems…
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For two decades, Letshego Uganda has been more than a lender; it has been a partner in possibility. Since its entry in 2005, the institution has grown from a niche…
The Mobile Credit Score, recently launched by gnuGrid CRB and Airtel Mobile Commerce Uganda Limited (AMCUL), will rapidly close the information asymmetry challenge in bottom-of-the-market lending, enhancing two-way lender-borrower trust and in due course shall reduce the cost of borrowing, Giles Aijukwe, the Chief Executive Officer of Letshego Uganda, one of the leading non-deposit-taking lenders has said. Mr. Aijukwe, who was a panellist at the launch of the Mobile Credit Score, hailed the Mobile Credit Score, the first of its kind as a transformational solution and said that it was mutually beneficial to lenders and borrowers alike. The first…
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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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Letshego Uganda, a subsidiary of Letshego Holdings Limited (“Letshego Group”), has partnered with Africa’s leading insurtech Turaco Insurance Brokers Ltd (trading as Turaco), to provide affordable health insurance coverage to Letshego customers. The partnership aims to help mitigate health-related financial risks in line with Letshego’s mission of empowering the underbanked and driving financial inclusion in Africa. With a mere 1% of Ugandans currently covered by formal insurance plans, the partnership will help bridge that gap. Letshego customers will now be able to safeguard themselves and their families against unforeseen medical-related expenses. The “LetsGo Insure” insurance product will be an embedded…
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Letshego Nigeria has won the prestigious 2023 Affirmative Finance Action for Women in Africa (AFAWA) Award at the just-ended African Banker Awards. The awards were held in Sharm-El-Sheikh, Egypt on 24th May 2023. Letshego was feted for allocating at least 63% of its loans to women-led SMEs in just one year. The award is a joint initiative of the African Development Bank (AfDB) and African Guarantee Fund, that acknowledges and encourages initiatives aimed at propelling financial inclusivity for “Women across the African continent”. The AfDB’s AFAWA is a Pan-African initiative to bridge the $ 42 billion financing gap facing women…
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Letshego Uganda, has reassured its customers and other stakeholders to ignore ongoing media reports that its CEO, Mr. Aijukwe Giles had fled the country, following an alleged sale of a borrower’s property. In a media statement released today, the company said the above allegations should be treated with the “contempt they deserve” as the CEO was on official leave and would return upon completing the leave. The company also dismissed allegations in the story that it had improperly sold off a client’s property, adding that the said property was sold legally, to the highest bidder. Below is the statement…
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Ahead of the busy festive season, Letshego Uganda has donated 4000 reflector jackets to the Uganda Police department of Road Safety whose mandate is to enforce traffic and ensure safety for all road users. In a media statement, the company said that road safety is one of the most pertinent community issues with 93% of the world’s fatalities on the roads occurring in low and middle-income countries. The company said that if not curbed, road traffic crashes and accidents are predicted to become the fifth leading cause of death in the world by 2030- according to the World Health Organisation…
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