Revolutionizing informal finance with the Hunger Project Uganda
The informal financial sector in Uganda is fast growing. It is ready to be transformed into a landscape driven by technology and innovative solutions.
Digital payments have become the norm for every industry. Wakandi aims to make online payments possible in the informal economy by connecting multiple mobile network operators (MNOs) to the CAMS system. Members can choose their preferred payment provider to send contributions to their savings groups online.
Working with CAMS as a payment provider for informal financial groups (IFGs) can bring immense value to mobile money operators.
The informal financial sector in Uganda is fast growing. It is ready to be transformed into a landscape driven by technology and innovative solutions.
Wakandi launched the Credit Association Management System (CAMS) as a financial management system for cooperatives in 2022. CAMS aims to digitalize management and accounting processes for...
The financial year closing for cooperative societies is near. It is when their management committee prepares financial accounts to give a true and fair view of their financial position. They also...