We help MGs achieve the economies of scale to-operate efficient and integrated IT systems that are now needed for the delivery of financial services.
The MG Digital financial system has been key in ensuring that our Community Credit Cooperatives are safe and sound through reducing manual work which is prone to errors and fraud. The system also makes members in our MG family experience a good turnaround time since they can access their accounts anywhere, anytime using mobile banking. Besides, real time reporting has been made possible which has enhanced decision making and strategic management.
The digital strategy of UFCC transforms rural communities through mobile phone banking.
The Financial capability survey carried out by the Bank of Uganda and its partners in 2020 revealed that 66.7% of Ugandans own a phone. Out of these:
UFCC’s financial and digital literacy trainings empower the members of MGs to own and use phones to improve the efficiency of financial services.