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Message: [QUOTE="Munyaradzi Mafaro, post: 61333, member: 636"] Pesapal partners with Pezesha to test a credit program for small businesses in Uganda. The companies will use payment transaction records to determine loan eligibility for merchants who struggle to access traditional bank financing. About 60 percent of Ugandan adults cannot obtain formal credit despite widespread digital payment adoption. The program targets small and medium enterprises that banks typically reject for loans. Real-time transaction information helps lenders assess risk and offer appropriate credit amounts to qualified businesses. Companies can use these funds to purchase inventory and expand their operations. The initiative supports Uganda's central bank's financial inclusion goals through 2028. Officials believe data-based lending will strengthen the country's economic development and help more businesses access affordable financing options. [/QUOTE]