Making Sense of Borrowing To Pay School Fees
Uganda’s education system dictates that tuition fees are paid at the start of every term of three months, or in a lump sum, for the full year. The opening days of school therefore often turn out to be very stressful for parents, and head teachers too, due to the financial challenges with these terms of payment, only 30% of children have their fees cleared on day-one of the school term.
DTB and Furaha Finserve Partner to Keep Millions of Ugandan Children in School through affordable financing
Empowering Parents & Schools on Every Child’s School Journey
As the second and longest term continues, there’s the all too familiar buzz in the air: uniforms, stationery, and the phrase “school fees” in every other conversation. For school administrators and educators, it’s also a critical time for thoughtful planning, and the engine driving this planning? Timely payment of school fees by the start of […]
Leave No Child Behind: How Furaha Uses Digital Banking To Keep Kids In Class
If you’ve ever had to tell your child they can’t return to school because of fees, you know the pain. It’s a reality many Ugandan parents face every term; scrambling to raise money, taking small contributions from friends, or standing in long queues with no guarantee of help. We built Furaha to change that. From […]
Furaha partners with School Pay to ease education financing
Financial technology platform Furaha has entered into partnership with Service Cops, the owners of School Pay to help revolutionalise education financing. Through this partnership, parents will be able to acquire loans to finance education and pay later.
Furaha partners with School Pay to ease education financing
Service Cops, Furaha Finserve Partner to Revolutionise School Fees Financing in Uganda
In a bold step towards financial inclusion and accessible education, Service Cops Limited and Furaha Finserve Uganda Limited have announced a strategic partnership to revolutionise school fees financing in Uganda.
SC Ventures, Yabx Invest $10M in Furaha to Accelerate Purpose-driven Financing in Africa
SC Ventures has invested $ 7 million, while Yabx BV has contributed through technology transfer, resulting in a combined investment of $10 million in Furaha
SC Ventures and Yabx Invests $10M in Furaha to Transform Education Financing in Africa
SC Ventures and Yabx Technologies have jointly invested $10 million in Furaha, a lending platform focused on education financing in sub-Saharan Africa. SC Ventures contributed $7 million, while Yabx provided technology transfer to support this purpose-driven initiative.
Unlocking Quality & Equitable Education with Purpose-Based Financing: FURAHA FINANCIAL UGANDA
Education, the cornerstone of progress, is getting a digital makeover that’s set to change everything in Uganda. Furaha is making quality primary and education accessible to all through innovative mobile-based financing with flexible payment plans.