The need to access financial services for development by the youth in the boda boda industry and women has for long become a huge challenge due to lack of collateral to secure such loans despite of their daily income generating activities. Upon identifying this gap, I decided to establish a company with the vision of equalizing opportunities towards accessing financial services in Uganda. We provide emergency loans, group loans and asset financing loans intended to narrow the gap between the poor and the rich, reducing the level of crime rate, providing employment to the unemployed youth, eradicating extreme poverty and malnutrition. The business has potential as the youth form the highest composition of the Ugandan and African population and this has been evidenced by the growing numbers in our clientele base where we record at least 50 youth on a weekly basis applying for our services.
Sign in to view moreView swabo sotka financial services team members, milestones, financial details and documents.