Loans Can’t Bail Out Our Rural Poor

“I have a sister who has a small shop and she is in four savings and loan groups. She has to service each of the loans once a week, which takes a minimum of four hours per day each time. This means that her business is locked for four hours a day for four days… Continue reading Loans Can’t Bail Out Our Rural Poor

Trending in Uganda: Agent Banking

“There is this new thing in Africa that I don't understand. It's called Agent Banking. A store/shop acts as an agent to a bank, or several banks. The same store is also an agent to a telco's mobile money business. The agents are in remote places where banks don't want/can't afford to set up branches.… Continue reading Trending in Uganda: Agent Banking