1% Digital Lending - Fintech & Money Lending
A licensed digital money-lending business giving everyday Ugandans and small businesses fast, mobile-first access to credit.
Uganda's formal banking sector reaches only a fraction of the population that needs short-term credit. This business closes that gap with a fully digital, mobile-first lending platform built around the channels Ugandans already use every day - MTN Mobile Money and Airtel Money.
How It Works
- Borrowers apply directly from their phone; no branch visit required.
- Creditworthiness is assessed using mobile money transaction history and airtime patterns rather than traditional collateral.
- Approved loans are disbursed instantly to the borrower's mobile money wallet.
- Repayments are collected automatically on the same channel, keeping default-chasing costs low.
Who It Serves
Boda boda riders, market vendors, small traders, and salaried workers who need working capital or emergency cash - typically in amounts from UGX 100,000 to UGX 5,000,000, over terms of one to six months.
Why the Club Is Investing
The business operates in full compliance with Uganda's Tier 4 Microfinance Institutions and Money Lenders Act, 2016, and the committee reviews the loan book monthly. Short loan tenors mean capital cycles quickly, and returns are largely uncorrelated with equity or property markets - a useful diversifier alongside the club's other holdings.