Hello Community,
We’re excited to introduce the Kanzu Microloans project by @Kanzu Finance Limited, developed with support from the Interledger Foundation through the Financial Services Grant. With this project, we are building an open, instant microloans infrastructure embedded within our flagship platform, Kanzu Banking, and powered by Rafiki and the Interledger Protocol (ILP).
This solution is designed to address the persistent challenges faced by community-based savings groups such as SACCOs, VSLAs, and investment clubs. While these groups play a vital role in grassroots financial inclusion, they continue to face long loan processing times, fragmented systems, and limited access to credit when it’s needed most.
Our aim is to provide a mobile-first, interoperable platform where SACCO members can apply for and receive microloans instantly via mobile wallets—with repayment terms tailored to their needs. By leveraging open payments technology, we are eliminating bottlenecks and enabling true financial agility for underserved communities.
Key benefits include:
- Speed – loans are disbursed in seconds, not days.
- Security – built on open, secure financial protocols.
- Inclusion – extends credit to communities traditionally left out of the formal financial system.
- Interoperability – designed for seamless integration across networks, platforms, and borders.
We’re thrilled to partner with the Interledger Foundation to build the future of equitable financial access—starting right here in Uganda.
Stay tuned as we pilot this solution, gather community feedback, and refine the experience for even greater impact.
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