MSC - MicroSave Consulting

MSC - MicroSave Consulting

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21/05/2026

What helps micro and small enterprises (MSEs) grow after they receive financing?

This is among many questions that the Resilience and Survivability Survey II sought to answer. While access to credit may help businesses stabilize, it does not always translate into growth, hiring, or expansion. The study also revealed that business development support is vital for enterprise growth.

The study is part of the Mastercard Foundation MSE Recovery Fund. FSD Uganda leads the initiative in collaboration with MSC (MicroSave Consulting), Asigma, and gnuGrid.

In this podcast, Noah Owomugisha of aBi Finance and Cindy Wabunoha of MSC discuss why access to credit may stabilize businesses.

The discussion shifts the focus beyond financing itself to business development support. Noah and Cindy examine the systems, structures, reporting, and practical support that help enterprises use finance effectively.

The discussion captured the point that “Money is just one pillar. The others reside within the business.”

Listen to the podcast here: https://youtu.be/6-DFv25o4uw

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