Furaha Finserve Uganda Limited and Pegasus Technologies Limited have announced a strategic partnership with athe im of revolutionizing education financing.
The partnership aims to enhance accessibility to school fee financing and promote financial literacy among parents and students in Uganda.
This collaboration combines Furaha Finserve’s expertise in technology built for purpose-based financing with Pegasus Technologies Limited’s innovation, digital payments experience, and commitment to education to create a seamless, user-friendly product for education financing.
“This partnership represents a significant step forward in our mission to make quality education accessible to all,” said Mr. Ronald Azairwe, Pegasus Technologies Managing Director.
“We are dismantling barriers to education to ensure every parent’s sacrifice, every student’s ambition and every educator’s dedication is supported as much as possible.” He noted
Mr. Dennis Musinguzi, Furaha’s CEO, added, “With Pegasus Technologies Limited, we are not just building Africa’s premier purpose-driven financial platform, we are rewriting the story of education access. Our collaboration of cutting-edge solutions and grassroots commitment ensures that school fees no longer stand in the way of dreams but instead drive hope and generational progress”
Key features of this partnership include; Affordable financing with low interest rates, Simplified loan application process, Real-time, direct-to-school payments, Flexible repayments of up to 90 days among others.
The service is available to the public through the Google and Apple App Stores. Customers can sign up using only their National Identity Card by going to http://bit.ly/furaha-app on their smartphones.