Start-up Ensibuuko offers a cloud based management software (Mobis) for
savings and credit cooperative societies (SACCOS), embedded with mobile
money capabilities to improve financial record keeping, build operational
efficiency and cut costs.
Ensibuuko currently supports +80 savings cooperatives across Uganda. It has already
raised $500k worth of investment, and is currently working with one of Uganda’s
largest banks to reach 2,000 SACCOs within the next one year. Ensibuuko has won
multiple awards, including the East African ICT4Ag hackathon, Sankalp Forum, and
Unilever Sustainable Living.
Talking about Outbox’s role in Ensibuuko’s success, founder and COO Gerald Otim
says “Outbox ensured that we did not burn out of resources, by introducing us to
potential funding partners that enabled us to build a product, test the product, build our
team and gain traction. Outbox helped us find our first funding at a very critical time”.
Vouch Digital This startup founded by Evelyn Namara helps solve the
distribution of goods, items and subsidy crisis faced in implementation of
government projects, development, humanitarian and aid organizations. Vouch
Digital debuted its first product, the M-Voucher two years ago to facilitate
subsidy distribution across Uganda.
Thanks to the M-Voucher system, local farmers and suppliers of
agricultural material can now redeem seed crops and post-harvest
equipment, with access to the full amount of aid intended for them. Vouch
Digital's customers are segmented by development agencies running cash-
based programs; government-led social protection programs, humanitarian
projects as well as private sector cash-based programs seeking efficiency
and transparency in the distribution of goods, items or services to
Vouch Digital's market is currently in the agriculture sector serving
suppliers, agro-dealers and small-holder farmers but they are seeking to
expand to other sectors such as healthcare and education. Once in use,
the M-Voucher collects data from beneficiaries to provide organizations
with a comprehensive vision of how their programmes affect communities.
It also allows agro-dealers and beneficiaries to receive instant payments
for products redeemed.