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The Agent Network Accelerator Research Findings Report – Uganda

Agents are optimistic about the business, with the majority seeing themselves continuing as an agent in one year’s time according to the survey report published today by Financial Sector Deepening Uganda and The Helix Institute of Digital Finance. In Uganda the biggest barrier preventing poor people from accessing digital financial services is the cost and complexity of building […]

FSDU signs MoU with Uganda Bankers Association (UBA) to Increase Financial Inclusion.

FSD Uganda and the Uganda Bankers Association have entered into a partnership to improve, extend and strengthen access into financial services with specific focus on undeserved At the signing ceremony, Mr. Christopher Musoke, the Chief Executive Officer, FSD Uganda said “FSD Uganda is committed to supporting an inclusive financial sector in Uganda, and the cooperation with UBA will offer a […]

Unlocking capital for the Ugandan’s poor: The Chattels Securities Legal Framework

Chattels refer to “someone’s possessions, not including any houses or land that they own.” These can be items of movable personal property, such as furniture, livestock or vehicles. When accessing credit in Uganda, in most cases the borrower is required to advance collateral either in form of a title of undeveloped land or already existing real estate property. This applies to both individuals and companies accessing capital from financial institutions. So chattels […]

Agent Network Accelerator Survey: Uganda Country Report 2015

The findings, based on interviews with over 2,200 mobile money agents interviewed in 2015, the ANA Uganda report, funded by the Bill & Melinda Gates Foundation, FSDU, IFC, FSDA and the United Nations Capital Development Fund (UNCDF) highlights findings on the DFS agent landscape in Uganda covering agent profitability, transaction volumes, liquidity management and other […]

Widening Credit Collateral Options for the Masses beyond Land Titles in Uganda

Have you ever missed out on a loan because you did not have a land title to use as collateral? If your answer is yes, your guess is as good as mine, there are many other Ugandans who share your experience. According to the latest findings of the nationwide survey on the demand for financial […]

Micro insurance and the use of mobile phones

Uganda has little insurance service provision; dominated by insurance mandated by law, especially third party motor vehicle insurance and up to about 800,000 people covered by a life cover insurance policy. All in all, this only represents a sliver of the Ugandan population. Most of these are covered by a policy offered through formal employment […]

MoU signing between FSDU and URSB to put in place a comprehensive Chattels Securities legal framework

The Financial Sector Deepening Uganda (FSDU) and Uganda Registration Services Bureau (URSB) have this morning entered into a Memorandum of Understanding signed at the office of FSDU, at Ruwenzori Towers, Kampala. FSD is an independent, not for Profit Company that supports innovation, conducts research and helps to promote and improve policy, laws and regulations that shape the […]

A move to extend financial services

KAMPALA – Commercial banks and Financial Sector Deepening (FSD) Uganda are concerned about the low levels of financial inclusion. In a new approach to extend and strengthen access to financial services, commercial banks entered a partnership with FSD to extend more services. Emmanuel Kikoni, executive director of Uganda Bankers’ Association (UBA), said financial services need […]