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Mobile money agents are the engine of Uganda’s everyday economy, and this is most visible on weekends. From Friday evening through Sunday, transaction volumes surge as customers trade, pay, and move money. The dfcu Weekend Agent Float Loan was designed with one clear purpose: to ensure agents never lose business simply because they have run out of float when demand is highest. Douglas Nidoi, Ecosystems Manager at dfcu Bank, answers some of the most frequently asked questions about the product. Q: What is the dfcu Weekend Agent Float Loan? A: The dfcu Weekend Agent Float Loan is a short-term, fully…
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MTN MoMo Uganda, in partnership with dfcu Bank and Letshego Uganda, has launched two new digital loan products aimed at giving more than 250,000 mobile money agents instant access to working capital. The move addresses a longstanding liquidity challenge that has constrained agent operations for years. The products, dfcu Bank Weekend Agent Loan and Letshego Agent Loan Float, have been added to the MoMo Agent Loans Marketplace, marking one of the most significant developments in Uganda’s digital financial services ecosystem in 2025. The launch aligns with MTN’s “Power To Be More” campaign, reinforcing its mission to empower agents and improve…
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