Digital Financial Services Extend Credit To Unbanked Ugandans
Take for instance the MoKash platform in which customers of Ugandan mobile telecommunications company MTN can save from as low as Shs50 and borrow amounts from Shs3000 to Shs1 million. NCBA Bank in partnership with MTN issued over 4.7 Million loans worth UShs 435 Billion in 2020 alone
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Digital Financial Services Extend Credit To Unbanked Ugandans
By NewVision Reporter
Journalists @NewVision
Slightly over one in every three Ugandans have a bank account, with a reported 16.5 million Ugandans still using traditional saving methods such as physical cash, livestock and agriculture.
With only