A credit union just showed major banks how real community finance operates. EBO SACCO and its CEO, Joseph Mugume, earned a top national award through its partnership with Equity Bank. Founded in Bwizibwera Town Board near Mbarara, the institution grew from a small group into a regional force across more than thirty-five districts. It turns members into shareholders, giving them a direct voice in operations.
EBO focuses on those typically excluded, like smallholder farmers and refugee communities. It designs loans around their needs, covering agriculture, boda boda bikes, and solar energy systems. Digital tools such as EBO Merchant Pay and the EBO Verve card, developed with Interswitch, provide modern access. Linking with Equity Bank...