How Chama Management Systems Fosters Financial Inclusion?
Savings and lending groups, also known as Chamas, have long been a vital source of financial support for communities across Africa. These groups, often comprising individuals with limited access to traditional banking services, pool their resources to provide loans, offer support to members during times…
The Rise and Fall: Why Ugandan Investment Clubs Struggle (and How Tech Can Save Them)
Investment clubs in Uganda are experiencing a surge in popularity. Fueled by a collective desire for financial growth, these groups offer individuals a chance to pool resources and achieve their investment goals. Traditionally focused on close circles, investment clubs are expanding, incorporating diverse expertise to…
Branchless Banking is what revolutionizing the African banks
Branchless banking, or agency banking, is a financial service model that has recently gained considerable popularity in Africa. It allows customers to access banking services without needing physical branch locations. With over half of the African population owning a mobile phone, branchless banking is a…
Bridging the Gap: How Agency Banking is Opening Doors for the Unbanked & Underbanked Population
As a society, we often hear about the need for financial inclusion and how ensuring everyone has access to financial services is essential. However, the reality is that many people, particularly in developing countries, need access to essential financial services such as banking, insurance, and…
