@founders.sprint: The most complete financial record most Ugandan small business owners have is their mobile money statement. It is not accepted as proof of income for a bank loan. We are told the banking sector is underserved because customers don’t have credit histories. We built the credit history. We built it on a network that processes more transactions than any bank branch system in the country. The bridge between that data and a loan is a product decision waiting to be made. #UgandaByTheNumbers #Uganda #MobileMoney #Fintech #StartupUganda

Founder's Sprint
Founder's Sprint
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Region: UG
Thursday 30 July 2026 08:06:58 GMT
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ugsnakes
Snakes Jack345 :
Mobile money statements should also be accepted when applying for visas.
2026-07-30 17:39:18
15
emo.photography
Emo photography :
I've never thought about it that way. that's a whole opportunity
2026-07-30 22:00:35
0
26eclaire
Eclaire :
That’s what am saying man!
2026-07-30 18:46:52
0
rogersmakumbi
Roger :
The charges are a major stumbling block. The 0.5% excise tax, sending and withdrawal fees even when moving money to a bank account! All seem to be set up to fail the mobile money eco system.
2026-07-30 16:10:20
0
wheel_travellerkd
Kdie :
The ka English accent is top notch
2026-07-30 10:26:28
29
max_tumusiime
max_tumusiime :
the money that i transact using mobile money... actually comes from my bank. What do others say? But you have a good point
2026-07-30 19:29:25
2
theythem060
theythem060 :
This is an Africa problem bro, I had never looked at it from the angle you’ve brought up.
2026-07-30 12:18:29
8
alaurie_1234
Laurie's world :
Banks are designed to keep us stuck. Even with your own bank transaction history staring at them they will refuse to issue a loan without collateral
2026-07-30 08:46:51
3
valmckenzie6
valmckenzie6 :
I failed to understand it too
2026-07-30 21:22:32
0
warrensnuala
warrensnuala :
wow
2026-07-30 18:08:33
0
innerprogress
Aeris :
In other news, are you single?
2026-07-30 16:25:31
1
oganelz
Brain🩺 :
the ka, English is also taking us behind
2026-07-30 19:43:25
0
eganmikeal
Egan Micheal :
This makes sense.
2026-07-30 17:02:32
0
cakebychella
CAKEBYCHELLA+256784898555 :
yah thats really sad.
2026-07-30 19:23:10
0
yeboah.global
Yeboah :
This!!!!!
2026-07-30 19:18:02
0
ojaoofkaramoja
Ojao Of Karamoja🇺🇬🇰🇪🇪🇹 :
Thank you Ruge....So much transactions on MM and yet they need a land title . 😏
2026-07-30 15:38:54
0
tales.of.naj
Mr Naj /Social Media Manager :
Strange. Am pissed
2026-07-30 10:23:18
0
unmerited
Unmerited Studios :
it's funny that now MMOs are using the transactions to make credit scores and banks are left out
2026-07-30 16:41:43
1
awesome_interiors
Awesome Interiors :
with this insight the governance policies about digital financing should be revised
2026-07-30 13:28:03
0
pauljessy4
pauljessy4 :
surprisingly the hardest part of this bridge is not technology but the buy in and especially BOU.
2026-07-30 13:28:43
0
shuleapp
Shule App :
Exactly
2026-07-31 00:59:49
0
dr_julius256
dr_julius256 :
This guy always says the right stuff 👏👏
2026-07-30 15:03:56
0
nuwamanyacollins4
Noble Miles 🎭 :
That statement constitutes an inconsistent transaction perhaps 🤔 but how about the ones with consistent records??? The question remains unanswered
2026-07-30 14:44:49
0
patricia8kintu
patricia kintu :
it’s the sass at the end for me 😅
2026-07-30 14:50:48
0
jotury1
Jotury :
how and where is the bridge
2026-07-30 11:04:08
0
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