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BUSINESS ADVISORY AND FINANCIAL SERVICES SPOTLIGHT FOR THE WEEK OF JULY 11.

BUSINESS ADVISORY AND FINANCIAL SERVICES SPOTLIGHT FOR THE WEEK OF JULY 11.

FtF IAM works with three (3) FinTechs companies to scale innovative digital financial solutions in under-served areas. One of these partners, Ensibuuko, is using its technology to increase Village Savings and Loans Associations’ (VSLAs) access to financial services in Northern Uganda. To date, Ensibuuko has trained and digitalized 79 VSLAs with 2,497 group members (1,806 women and 1,531 youth) in Gulu, Nwoya, and Lamwo districts. Ensibuuko is coaching VSLA leaders on how to use the VSLA application (GroupSave), helping them to migrate the VSLA data from record books onto the digital platform, and increasing awareness on the value of digital financial solutions and mobile money services.  Ensibuuko aims to onboard and digitalize 3,000 VSLAs under the partnership. If successful, this will result in over 75,000 farmers accessing digital financial services and other services that increase savings, investment, and incomes for farmers.

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