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@matookerepublic Thu, 07 May 2026 01:04:27

Why Ugandans turned to mobile money loans and borrowed Shs2.75 trillion in 2025

Mobile money has become one of the biggest sources of borrowing in Uganda, with millions of people now relying on their phones for quick loans instead of traditional banks. In 2025 alone, Ugandans borrowed at least Shs2.75 trillion through mobile money platforms, highlighting how digital lending is rapidly changing the country's financial system. The biggest The post Why Ugandans turned to mobile money loans and borrowed Shs2.75 trillion in 2025 first appeared on Matooke Republic.

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