Global Mifos Summit

Recognizing tha SACCOs are an important vehicle for financial inclusion, Ensibuuko has developed a customized core-banking solution and making it affordable to enhance their efficiency to serve the rural poor in Uganda. Their solution is enriched with mobile tools that enable SACCOs to employ a cost-effective means to provide desired financial services to their clients. In 2015, Ensibuuko aims to benefit over 20,000 rural farmers in Northern Uganda alone. Their solution, MOBIS (Mobile Banking and Information System) provides and robust information system and will allow farmers to deposit and receive loans through their phones, drastically reducing the time taken to reach the SACCOs, sms alerts for each transaction and key financial literacy messages to reinforce knowledge on financial services.