May 27, 2015
Airtel Uganda has received an ICT for Development Award for ‘Airtel Weza,’ a mobile application for savings groups developed with Grameen Foundation and Plan Uganda. The award was given by the Uganda Communications Commission at its Annual Communications Innovations Awards (ACIA) ceremony, which recgonizes ICT innovators that create practical solutions.
Airtel Weza enables Village Savings and Loans Associations, investment clubs and other savings groups to save their group’s cash as mobile money. This method guarantees security, accountability, easy auditing and convenience by ensuring that the groups’ money is controlled by three elected PIN holders who must approve any transaction. It is currently being used by 134 Groups with a total number of 4,020 members in three districts. and Airtel Uganda plans to extend this innovation to 1,000 groups.