Fintech for school fees in Uganda

October 20, 2026

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The World Bank reports that the cost of education is the biggest source of financial worry for 40 per cent of Ugandan families. Many parents now rely on school fee loans to keep their children in class — a sign of the growing pressure on household incomes. CNBC Africa is joined by Yustus Aribariho, CEO of Furaha Financial — a Ugandan fintech that has disbursed over one million dollars in school fees loans since its 2023 launch – to unpack how this works and if it is scalable.

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