Official Announcement: Nzuri Trust Partners with gnuGrid CRB and Airtel Money to Launch Express Loan
Nzuri Trust has officially launched the Express Loan Service — a fast, mobile-based lending solution developed in partnership with gnuGrid Credit Reference Bureau (Uganda’s first indigenous CRB) and Airtel Money, one of the country’s leading mobile money platforms.
This innovative partnership leverages gnuGrid CRB’s AI-powered Mobile Credit Score, which analyzes behavioral data such as mobile money transactions and bill payments to provide quick, secure, and reliable credit access to everyday Ugandans.
Designed exclusively for Airtel Money customers, the Express Loan enables users to meet urgent financial needs — from emergency expenses to short-term cash flow gaps — in just minutes.
Key Features Include:
- Instant Access: Receive funds directly to your Airtel Money wallet in under 2 minutes.
- Flexible Limits: Borrow between UGX 10,000 and UGX 1,000,000.
- Affordable Terms: Repayment within 5–30 days at pro-rated interest rates (0.43% – 2.5%).
- No Collateral: Loans are powered by your digital transaction history.
The collaboration reflects Nzuri Trust’s commitment to financial inclusion, digital innovation, and data-driven lending, empowering more Ugandans to access affordable credit without the traditional barriers of paperwork or physical collateral.
About Nzuri Trust
Nzuri Trust Limited is a Non-Deposit-Taking Microfinance institution licensed by the Ministry of Finance, Planning, and Economic Development. We leverage technology to expand access to finance for Uganda’s underserved entrepreneurs — with a special focus on women and youth-led businesses. Committed to advancing financial inclusion, Nzuri Trust provides relevant, tech-driven lending services accessible through the Nzuri Trust App and via USSD, ensuring that communities across Uganda can access financial support anytime, anywhere.
About gnuGrid CRB
gnuGrid CRB Uganda is the first and only indigenous credit reference bureau in Uganda that leverages alternative data sources alongside traditional credit information to provide a more inclusive picture of creditworthiness. The gnuGrid CRB’s approach enables credit scoring for previously unbanked or underbanked populations, supporting broader financial inclusion in Uganda.
About Airtel Money Uganda
Airtel Money is the dedicated mobile money platform for Airtel Africa. Airtel Money offers mobile money services including payments, microloans, savings, and international money transfers. Airtel Money aims to increase financial inclusion and meet the needs of millions of customers in Africa who have little or no access to banking and financial services. Through the dedicated MyAirtel App, customers can manage all their online needs seamlessly.