William Shakespeare once said, “Be Neither a lender nor a borrower.” However, many people ignored his advice, and as a result, non-bank loans now make up a large share of the market. Now, before you can hunt for investors, you…
Uganda’s natural beauty usually steals the spotlight even though the country’s money lending business is critical to its citizens. However, the business of Money Lending had been misused in Uganda. This is because borrowers were required to sign sale agreements…
In business, you solve problems for consumers for a charge, and they pay you. Startup funding is a serious issue that affects many individuals on a daily basis. You should therefore fix it to make money. You may solve the…
Getting a business loan can provide vital capital to start or expand a company in Uganda. However, navigating the loan process requires careful planning and preparation. Interest rates on business loans in Uganda are quite high compared to developed economies.…
Attention all Ugandan borrowers: forget about long queues and mountains of paperwork! The era of online lending has arrived in Uganda, bringing with it a whole new level of convenience and efficiency. From peer-to-peer lending platforms to digital microfinance institutions,…
Are you looking for lending companies in Uganda? Whether it’s to start a business, cover unexpected expenses, or pursue personal dreams, having access to reliable lending companies is crucial. If you are in Uganda and searching for lending options, this…
A well-crafted marketing plan is essential for any money lending business in Uganda looking to acquire new customers and grow their portfolio. With the right strategy, money lenders can effectively promote their services, build trust, and demonstrate the value they…
Starting a money lending business can be a lucrative opportunity in Uganda given the high demand for loans and lack of adequate formal lending institutions. However, a thorough business plan is crucial before venturing into this industry. A money lending…
If you’re looking to start a money lending business in Uganda, it’s essential to understand the legal requirements and procedures for obtaining a money lending license. This comprehensive guide will walk you through the steps necessary to acquire the necessary…
The money lending business in Uganda provides small, short-term loans to individuals and businesses. This lending model is also known as payday lending or microfinance. With increasing financial inclusion and demand for credit, the money lending industry has grown substantially…