Airsave is the first Christian digital SACCO that provides a secure Digital saving Platform to all mobile phone users in communities across Uganda and also provides Financial literacy programs in communities and schools in partnership with Ecobank ltd and Advisor insights INC a U.S based Company. This organization has a goal of eradicating poverty in Africa through enhancing saving through financial inclusion.
The services provided allows mobile phone users using Airtel money or MTN mobile money to register Digitally to a SACCO using a mobile phone and a member begins to save, borrow money, earn interest and commissions using a mobile phone.
Terms and conditions apply. Dial *270*30# USSD code in order to register as a SACCO member o.n the platform and begin to use the service.
A study of 1,500 poor people in Uganda showed that 99 percent of respondents Failed to reach their savings goals when using informal methods, either because the money was stolen or lost, or because they were too tempted to spend the money when it was stored as cash in their home. And it is estimated that 3 out of 4 adults in developing and middle income countries don’t have bank accounts