Bello Bags

Day 10: : Social Lend Africa is closing financing gap for small businesses.

While micro, small and medium enterprises account for over 80% of businesses in Uganda and employ the largest number of the country’s working population, they still find it hard to access bank credit. This is mainly because majority are informal, fragile, lack collateral and thus considered risky.

However, in a bid to close the financing gap and enable them continue playing their rightful role in Uganda, , a Company ( ) has democratized lending to ease access to credit, using a digital platform.

https://bit.ly/30NXR1w

Watch video: https://www.facebook.com/Smart24TvUganda/videos/3289664927743611/

Day 9 : True African is turning around payments in Uganda

ventured into the market 18 years ago, with the short messaging service (SMS) product, giving the firm market visibility, before venturing into mobile banking in 2002, according to the company’s founder and managing director Eric Kamau.

https://bit.ly/2C5znGz

Watch Video: https://www.facebook.com/Smart24TvUganda/videos/1599207276912523/

is at the centre of facilitating a shift to a cashless Uganda;

Over the years, several Financial Technology Companies (FinTechs) have heavily invested in helping Ugandans shift from a cash to a cashless economy.
Among them is Beyonic, one of the leading FinTech integrators in Africa that aims to eliminate dependency on cash by helping businesses quickly set up and manage digital payments.
https://bit.ly/3cVcO4e

Video: https://www.facebook.com/Smart24TvUganda/videos/342165293433406/