๐๐ฒ๐๐ฒ๐ฟ๐ฎ๐ด๐ถ๐ป๐ด ๐๐ฎ๐๐ฎ ๐ณ๐ผ๐ฟ ๐๐ป๐ป๐ผ๐๐ฎ๐๐ถ๐ผ๐ป, ๐๐ฟ๐ผ๐๐๐ต & ๐๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฎ๐น ๐๐ป๐ฐ๐น๐๐๐ถ๐ผ๐ป ๐ถ๐ป ๐จ๐ด๐ฎ๐ป๐ฑ๐ฎ
At the CRBA Symposium, Panel 4 showcased how credit providers are harnessing data, technology and alternative information to expand access to finance and drive responsible lending.
Moderated by Adons Aryong of Pearl Bank Uganda, the discussion brought together insights from Mr. Elias Byaruhanga of EBO SACCO, Mr. Nelson Kituuka of Card Pesa Limited, Mr. Jonathan Ssekalega, BIDA of Housing Finance Bank, Uganda, and Ms. Angella Ijeu of Centenary Bank. Panelists highlighted how integrating CRB data, mobile money activity, and merchant behavior is transforming credit assessments, enabling lenders to serve previously โinvisibleโ borrowers.
Key takeaways:
๐นData-driven transformation: EBO SACCO reduced NPLs from 8-10% to 2-5% through consistent CRB integration, demonstrating the power of accurate credit information.
๐นDigital lending innovations: Housing Finance Bank combines CRB, mobile, and merchant data to support low-income earners with tailored housing loans, disbursing over UGX 1.8B to previously unbankable clients.
๐นMSME inclusion: Centenary Bank uses dual lending models, digital credit scoring, and movable collateral to bring informal businesses into formal finance.
๐นFair competition and infrastructure gaps: Digital lenders like CardPesa stressed the need for interoperable payment and data systems to level the playing field with traditional banks.
Strategic insights: expand national data sharing frameworks, build real-time payment and data switches, promote responsible lending, scale digital and mobile lending innovations, strengthen MSME and SACCO capacity, and focus on high-impact sectors such as agriculture and trade.
๐๐ฝ The session underscored that when data, technology and collaboration converge, financial inclusion is no longer a theoretical goal, it becomes a measurable outcome.