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Purpose Driven Financing

We’ve built a smart financial services platform to make finance accessible to everyone.

We’ve built a smart financial services platform that enables distribution of purposeful financing.

We’ve created an eco-system of partners that bring this to life including Telcos, banks, aggregators, and suppliers. Furaha marries purpose with appropriate financing to unleash growth and development among the missing middle.

Our Values

Frequently Asked Questions

What is a Digital Lending Platform?

This is a new way of digital offering where various industry players come together to offer differentiated end to end products to the user through electronic platforms such as mobile phones and tablets.
With our FURAHA Digital Lending Platform, we give you the opportunity to transact instantly anywhere and anytime. You can also manage your loan securely.

Simply download Furaha App, go to the home screen of our app and ""select Sign up"" to start the journey.

If you haven't completed your registration process, you can resume within 60 days by selecting "Resume Application" on the FURAHA Mobile app. You'll need to enter the OTP sent to your registered mobile number to proceed.

What products do you offer?

We currently offer a School Fees Loans product, with disbursement directly to the school and payable over a period of up to three months. You can apply the assigned loan limit to pay for multiple students.

Furaha's customer service is characterized by warmth, empathy, and responsiveness. We believe in creating a supportive community and actively engage with our users, addressing queries, and providing guidance throughout their financial journey.

With FURAHA, you will get instant approval depending on various capability assessment criteria.
* Minimum Loan Limit is UGX 2K
* Maximum Loan Limit is UGX 2M
Apply today to check your limits, and transact to increase your limit.

We require you to scan your Uganda National ID Card (NIN) and to take a selfie for security purposes.

This feature will be enabled soon. Currently only MTN subscribers can be enrolled to apply for Furaha School Fees Loans.

Furaha is collaborating with SchoolPay, and other players are expected to join soon.

You will need to contact the school to obtain the name of Aggregator, School Code and Student Registration Number.

Furaha will display the school fees balance once you enter the student details. If no balances are available, you will need to contact the school to update before proceeding.

The loan approval process is Realtime. We will display the loan limit during the application process.

If application is declined, you will be notified on the rejection reason. You may apply again after resolving the rejection reason.

Loan application processing is Realtime. You can not edit details of loan application once you review and loan application.

How do I pay for the loan?

Payments will be made from your mobile wallet. You cannot pay for another person. 1. Login to Furaha App and click to ""Pay"" on the selected loan. Select the payment amount, then enter wallet PIN to pay. 2. If payment is not made by the due date, we will debit due amount from your wallet.

No. Currently, your can repay your Furaha School Fees Loans from your own Mobile number.

This feature will be enabled soon.

Furaha school fees loan is a 3-month loan.

No. 'Furaha school fees loan is a 3-month loan.

No. There are no penalties for early repayment. Overdue repayments will attract a penalty of 2.5% on overdue amount.

What are the eligibility criteria for obtaining a loan?

Applicant should be Resident of Uganda, with a valid National ID and active on MTN Momo. They should also be active payers with SchoolPay.

The more you transact with Furaha and our partners, and you Credit Reference Bureau information will determine your loan eligibility.

Yes. You can apply for loan, but the eligible amount is dependent on transactions with Furaha and our partners, and you Credit Reference Bureau information.

Can I view my Loan statement?

Yes, you can view your loan statement at any point by clicking on the "Statements" menu on dashboard screen. You can access both active and historical loans, and download the statement.

Yes, you can access our Mobile from overseas for loan servicing. You can only apply for loan while in Uganda. Application access may however be restricted in a few countries in line with international regulations.

No, we will not charge you for accessing and using Furaha Mobile App. However, Interest, fees, charges and penalties will apply when you take up our loan products.

You have the option to make weekly or monthly repayments. You can make early repayments at no additional costs.

How do I contact the Furaha?

If you require further assistance, please select the ""Support"" menu and let us know how we can assist you. We will usually get back to you within 24Hrs.

How secure is Furaha Mobile?

At FURAHA, security, privacy, and protection of your personal information are paramount. We continuously upgrade our security measures, using the latest versions of security software for verification. Additionally, we conduct regular tests to enhance the robustness of our systems.

Furaha takes your privacy and data security seriously. We use strong security measures like encryption and access controls to protect your information. We also regularly check and update our security procedures to maintain high standards. When partnering with others, we make sure they meet our strict security requirements. Your trust and privacy are our top concerns.

No. For security reasons, we will only allow you to use FURAHA App on one device. You will be able to disable the app from old device if you wish to change to a new one.

"If you forget your password, you can reset it online. Open FURAHA Mobile App, and select 'Login' > 'Forgot' and provide the authentication responses, then enter the OTP"

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