Last weekend I had two exciting events happen. First, I successfully ran down a bus in dress flats. And two, I represented my organization at a FinTech for Agriculture event in Kampala. (FinTech = Financial technology)
I’ll start with the bus.
I found out about the event in Kampala a few days before it was going to happen. It looked like an interesting networking opportunity for my org and after talking with my supervisor, we decided I should go try to build some connections. However, in order to go, I had to get approval from Peace Corps.
Friday morning, the day of the event, I get up thinking I’m going to have a normal day at work. As of that morning, I still had not received approval from Peace Corps. The event started at 2:30 PM and Kampala is a 5-hour bus ride from my site – it seemed like a lost cause.
However, as I am setting up my desk to begin my day, I refresh my inbox. To my surprise, there’s an email saying I have approval to go to Kampala. It’s 9:00 AM and buses aren’t exactly on demand. So, thinking I still won’t be able to make it to Kampala in time, I go tell my supervisor. He had a different opinion.
I quickly pack up my things, rush home, put on some dress pants, and throw the makeup I haven’t touched in two months into a bag. Now, looking fresh in my business casual uniform (it felt so good to be wearing my black dress pants again) I’m standing at the paved road that goes through my town asking when the next bus to Kampala is. With the help of my supervisor, we figure out that next bus won’t pass through until 11 AM. But, if I were to catch a ride to Kamdini I might be able to catch the bus coming down from Gulu.
At around 9:45 I’m in the front seat of a mini van to Kamdini. At 10:20, I arrive in Kamdini – just as is the bus from Gulu to Kampala is passing by. I toss my schillings to the driver and jump out of the car waving frantically, but the bus doesn’t stop. So, I start running. As I’m running, people are cheering, laughing, pointing, and I feel like the Macy’s Day Parade. Just as it reaches the edge of the town, the bus finally stops. I jump on, out of breath, but trying to hold it together. The man I sit next to doesn’t seem too pleased with my presence but I’m ecstatic. I’m officially en route to Kampala.
The event was called FinTech4Ag hosted by the UNCDF at the Kampala Design Hub – a swanky, restored warehouse building full of 20 something’s with laptops and plaid shirts. It felt like I had stepped back into the States.
The meat of the event was a panel of leaders in the micro-finance industry in Uganda: a FinTech startup founder, an international trust executive, a micro-finance banker, a finance software company executive, and a manager of an invoice-financing firm. What followed was a very interesting discussion about the role of each of these organizations in the industry, market trends, and how to reach the “missing middle.”
However, as the discussion continued, a few people in the crowd became agitated. Here we were talking about how best to improve access to financial services for rural farmers yet there were no farmers in the room. Nor was there anyone on the panel who worked directly in rural communities. Of all the SACCO managers in the country, (arguably the only bankers who live and work in rural farming communities) two were present in the crowd.