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Lessons for building resilience through inclusive financial services

How the financial lives of Ugandans have changed to respond to the effects of the Covid-19 crisis By Jimmy Ebong and Diana Ngaira FinScope 2018 showed that 75% of Ugandans did not have enough money to pay for living expenses, prior to the COVID-19 crisis. They have small amounts of savings and 23% who coped […]

COVID-19 and access to agricultural finance in Uganda

During August and September, Wellspring Development Capital and Sofala Partners conducted a “rapid diagnostic” on the impact of COVID-19 on agricultural finance in Uganda, on behalf of Financial Sector Deepening Uganda (FSDU). We consulted more than 85 experts and practitioners across the country, from those involved in farming and agro-processing, to traders and exporters, commercial […]

The impact of Pandemics on Poverty and Financial Inclusion

By Rashmi Pillai, Executive Director. By now, the novel Coronavirus disease (COVID-19) – is a household term. Hand sanitizer is out of stock, businesses are closing or cutting staff, and even boda-boda riders near the FSD Uganda office report possible plans to stop working and go back to the village because they aren’t earning enough […]