How Uganda’s Micro And Small Enterprises Are Recovering And Growing Post-Covid-19

At the height of the COVID-19 pandemic, 67 percent of Uganda’s micro and small enterprises were forced into complete closure. A year later, after the start of the pandemic, revenues and profits were still down […]

From participation to inclusion: building financial systems that work for women and youth

Expanding access to finance for women and youth requires more than credit. It requires financial systems designed around how people actually live, earn, save, and manage risk. In 2025, FSD Uganda’s gender equity work focused […]

Unlocking patient capital for inclusive growth

Access to long-term finance remains one of the biggest constraints to enterprise growth in Uganda. While businesses can access short-term working capital, access to long term patient capital needed to expand operations, invest in productivity, […]

Building trust, reducing friction, and expanding inclusion through digital public infrastructure

A more inclusive digital economy depends on more than access to technology. It requires systems that are trusted, interoperable, and able to serve users across the entire financial ecosystem from large financial institutions to Tier […]

From access to usage: designing for inclusion at scale

Over the past decade, Uganda has made significant progress in expanding access to financial services. However, access has not consistently translated into usage, resilience, or improved financial outcomes. This gap is most evident among underserved […]

2025 Annual Report Letter from the Executive Director

A decade of building In 2025, FSD Uganda turned ten. A decade ago, we set out to help build a financial system that works for all Ugandans. Looking back, the progress is real and worth […]

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