Alpteq ICT Solutions; serving the underserved. #40Days40FinTechs continues.

740
1703

Our Reporter.

Alpteq ICT Solutions is a Financial Technology Company (FinTech) with a mission to become a leader in providing homemade solutions that mostly target the underserved population.

Founded in 2018, the FinTech offers a wide range of ICT solutions to women, schools and people in the informal sector, using innovative products.

It has over the last one year innovated three major products that can be easily used by the public. These are Easelend, POS UG and School Novas.

Easelend is a Savings and Credit Cooperative Organization (Sacco) software that is meant to help Saccos automate their day-to-day operations and finance management. Given that most Saccos operate informally, they find it difficult to manage daily operations and the software thus helps them to track members’ deposits, gives all Sacco members a credit score and helps them manage saccos expenses, thus ensuring transparency.

“Most saccos are women dominated. They need support to grow because when you empower a woman, you have empowered a full nation. Easelend is the software that all these Saccos need,” The Alpteq ICT solutions Team Leader Fred Musisi says.

The POS UG product on the other hand helps small businesses easily do book keeping. It targets the sector that most people do not wish go to.

“We found out that informal traders in downtown have booking keeping and expenses management challenges and that is why developed this solution,” Musisi notes.

POS UG, tracks expenses, sales and incomes of the business and helps the business to know its financial health position at every moment.

About 100 shops in downtown Kampala are already using this product since its launch at the end of 2019. Those using it are already giving positive feedback.

Musisi nonetheless notes that while the Covid-19 pandemic has had an impact on their rollout, they are on course.

POS UG is in the process of getting a financial management module that will enable its users to save and borrow from the POS community members.

Good for Teachers, Parents and Students.  

Alpteq ICT solutions’ third product is School Novas, a product that helps schools manage their operations easily yet also allowing pupils to revise at their convenience.

“Just like other businesses, schools also have challenges of managing finances. Remember many teachers are ladies so they are badly hit by this mismanagement,” Musisi says.

He notes that due to high demand, they are introducing an e-learning module in the School Novas product to enable students easily revise on their own at home at a subsidized cost to be done via mobile money or payments cards.

Musisi applauded HiPipo for organising the 40-days-40 FinTechs initiative, saying that the project has given them a chance to learn, share ideas and also come to speed with latest technologies.

“We are excited about the future of FinTechs and tech lovers in Uganda,” he says.

Alpteq is one of the firms taking part in the 40-days-40-FinTech initiative, organised by HiPipo under its Include EveryOne programme, in partnership with Crosslake Tech, ModusBox and Mojaloop. The firm featured on day 3 of the project.

The initiative seeks to enable FinTechs to innovate solutions that facilitate cross-network financial transactions at minimal risks to enhance access to financial services.

The initiative will see the participating 40 FinTechs acquire interoperable development skills to improve access to financial services, using the Mojaloop open source software.

The HiPipo CEO Innocent Kawooya says: “I am happy to see developers such as Alpteq thinking widely and boldly.”

“The 40-days-40-FinTechs initiative was designed to tell the prime financial inclusion stories of Uganda and Africa. One of those stories is that of Alpteq team. Their three main products target a huge base – schools, informal traders, retail, wholesale shops and Saccos. Many of these are dominated by women. It is nice to see more companies targeting women,” Kawooya notes.

He notes that as an open source software, Mojaloop will help Alpteq create an interoperable payment solution that would see all its three products communicating to each other.

“Mojaloop will help you break all the barriers and create one ecosystem that will benefit everyone. As HiPipo, we are ready to help Alpteq improve its products and massively roll them out. Like we always say, an economy that includes everyone, benefits everyone.”

RELATED ARTICLESMORE FROM AUTHOR

740 COMMENTS

  72. Hey, I think your website might be having browser compatibility issues. When I look at your blog in Firefox, it looks fine but when opening in Internet Explorer, it has some overlapping.

  76. After going over a number of the articles on your blog, I honestly like your technique of writing a blog. I saved it to my bookmark site list and will be checking back soon. Take a look at my website too and let me know your opinion.

  173. After going over a number of the articles on your blog, I honestly like your technique of writing a blog. I saved it to my bookmark site list and will be checking back soon. Take a look at my website too and let me know your opinion.

  212. Pretty portion of content. I just stumbled upon your site and in accession capital to assert that I acquire actually enjoyed account your blog posts. Any way I will be subscribing on your augment and even I fulfillment you get entry to constantly rapidly.

  215. Good day! This is my first visit to your blog! We are a group of volunteers and starting a new initiative in a community in the same niche. Your blog provided us valuable information to work on. You have done a wonderful job!

  225. Appreciating the persistence you put into your website and detailed information you offer. It’s awesome to come across a blog every once in a while that isn’t the same old rehashed material. Great read! I’ve saved your site and I’m adding your RSS feeds to my Google account.

  249. I carry on listening to the news broadcast lecture about getting boundless online grant applications so I have been looking around for the most excellent site to get one. Could you advise me please, where could i acquire some?

  250. Hello There. I found your blog using msn. This is a very well written article. I will be sure to bookmark it and come back to read more of your useful information. Thanks for the post. I’ll certainly comeback.

  251. I have mastered some important matters through your website post. One other point I would like to mention is that there are lots of games in the marketplace designed in particular for toddler age small children. They incorporate pattern acknowledgement, colors, family pets, and forms. These generally focus on familiarization instead of memorization. This will keep a child engaged without feeling like they are learning. Thanks

  336. Thanks for your ideas. One thing I have noticed is that banks and financial institutions know the spending habits of consumers and understand that most people max out their credit cards around the holidays. They wisely take advantage of this fact and start flooding your inbox and snail-mail box with hundreds of 0 APR credit card offers soon after the holiday season ends. Knowing that if you are like 98% of the American public, you’ll jump at the chance to consolidate credit card debt and transfer balances to 0 APR credit cards. bbbbbba https://headachemedi.com – Headache pain medicine

  339. Thanks for your strategies. One thing really noticed is that often banks plus financial institutions know the dimensions and spending patterns of consumers plus understand that plenty of people max outside their cards around the trips. They correctly take advantage of this real fact and then start flooding a person’s inbox as well as snail-mail box along with hundreds of 0 APR credit card offers right after the holiday season finishes. Knowing that if you’re like 98% of the American public, you’ll leap at the opportunity to consolidate credit debt and transfer balances to 0 annual percentage rates credit cards. dddccei https://thyroidmedi.com – thyroid threatment drugs

  343. Thanks for your concepts. One thing we’ve noticed is banks along with financial institutions are aware of the spending practices of consumers while also understand that most of the people max out there their real credit cards around the getaways. They properly take advantage of this specific fact and commence flooding your current inbox along with snail-mail box by using hundreds of no interest APR credit cards offers shortly when the holiday season closes. Knowing that when you are like 98% in the American general public, you’ll get at the one opportunity to consolidate financial debt and switch balances towards 0 rate credit cards. nnnmloo https://stomachmedi.com – over the counter stomach med

  347. Thanks for your ideas. One thing I have noticed is that banks and financial institutions know the spending habits of consumers and understand that most people max out their credit cards around the holidays. They wisely take advantage of this fact and start flooding your inbox and snail-mail box with hundreds of 0 APR credit card offers soon after the holiday season ends. Knowing that if you are like 98% of the American public, you’ll jump at the chance to consolidate credit card debt and transfer balances to 0 APR credit cards. aaaaaao https://pancreasmedi.com – stomach meds otc

  376. Thanks for your advice on this blog. One particular thing I would want to say is purchasing gadgets items over the Internet is certainly not new. The truth is, in the past several years alone, the marketplace for online gadgets has grown noticeably. Today, you will discover practically almost any electronic system and product on the Internet, including cameras along with camcorders to computer pieces and game playing consoles. https://hairlossbimedi.com – over the counter hair loss drugs

  386. Today, with the fast lifestyle that everyone leads, credit cards have a huge demand in the economy. Persons from every field are using the credit card and people who are not using the card have lined up to apply for one. Thanks for sharing your ideas on credit cards. https://psoriasismedi.com plaque psoriasis

  413. I simply wanted to type a simple remark to say thanks to you for the pleasant secrets you are posting here. My prolonged internet lookup has finally been paid with professional insight to share with my friends and classmates. I would mention that most of us visitors are undeniably fortunate to exist in a perfect place with so many outstanding people with interesting secrets. I feel somewhat happy to have encountered your webpage and look forward to so many more excellent moments reading here. Thanks once again for all the details. https://bronchitismed.com over the counter bronchitis drugs

  414. I discovered more something totally new on this weight reduction issue. 1 issue is that good nutrition is extremely vital whenever dieting. An enormous reduction in fast foods, sugary meals, fried foods, sugary foods, red meat, and whitened flour products might be necessary. Keeping wastes unwanted organisms, and poisons may prevent objectives for losing weight. While particular drugs briefly solve the issue, the unpleasant side effects aren’t worth it, plus they never provide more than a short-term solution. It’s a known proven fact that 95% of dietary fads fail. Thank you for sharing your opinions on this weblog. https://osteoporosismedi.com best osteoporosis medications

  417. I simply wanted to type a quick note to say thanks to you for the precious solutions you are sharing here. My prolonged internet lookup has finally been paid with professional insight to share with my friends and family. I would point out that most of us visitors are undoubtedly fortunate to exist in a perfect website with very many wonderful professionals with very helpful tips and hints. I feel very much privileged to have used your entire website page and look forward to tons of more thrilling times reading here. Thanks a lot once more for everything. https://bronchitismed.com what antibiotics treat bronchitis

  485. Dzięki za przydatnych informacji na temat naprawy kredytu na temat twojego sieci -teren. To, co chciałbym zaoferować jako rada ludziom będzie zrezygnować z a mentalności kupią w tej chwili i spłać później. as be a as be a} społeczeństwo {my|my wszyscy|my wszyscy|wielu z nas|większość z nas|większość ludzi} ma tendencję do {robienia tego|robienia tamtego|próbowania tego|zdarzyć się|powtórz to} dla wielu {rzeczy|problemów|czynników}. Obejmuje to {wakacje|wakacje|wypady|wyjazdy wakacyjne|wycieczki|rodzinne wakacje}, meble, {i|jak również|a także|wraz z|oprócz|plus} przedmiotów {chcemy|chcielibyśmy|życzymy|chcielibyśmy|naprawdę chcielibyśmy to mieć}. Jednak {musisz|musisz|powinieneś|powinieneś chcieć|wskazane jest, aby|musisz} oddzielić {swoje|swoje|to|twoje obecne|swoje|osoby} chcą {od wszystkich|z potrzeb|z}. {Kiedy jesteś|Kiedy jesteś|Kiedy jesteś|Jeśli jesteś|Tak długo, jak jesteś|Kiedy} pracujesz, aby {poprawić swój kredyt|poprawić swoją zdolność kredytową|zwiększyć swój kredyt|zwiększyć swój kredyt|podnieś swój ranking kredytowy|popraw swój kredyt} wynik {musisz zrobić|zrobić|faktycznie potrzebujesz|naprawdę musisz} dokonać kilku {poświęceń|kompromisów}. Na przykład {możesz|możesz|możesz|możesz|będziesz mógł|| możesz|prawdopodobnie możesz} robić zakupy online {aby zaoszczędzić pieniądze|aby zaoszczędzić pieniądze|aby zaoszczędzić} lub {możesz przejść do|może się zwrócić|może odwiedzić|może obejrzeć|może sprawdzić|może kliknąć} używane {sklepy|sklepy|detaliści|sprzedawcy|punkty sprzedaży|dostawcy} zamiast {drogie|drogie|drogie|drogie|drogie|drogich} domów towarowych {dla|w odniesieniu do|dotyczących|odnoszących się do|przeznaczonych dla|do zdobycia} odzieży {strzykawki insulinowe 1ml|strzykawki tuberkulinowe|strzykawki|strzykawka|strzykawki insulinowe|strzykawki do insuliny|strzykawki trzyczęściowe tuberkulinowe|strzykawka tuberkulinowa|strzykawka insulinowa|strzykawka do insuliny|strzykawka trzyczęściowe tuberkulinowa} {strzykawki insulinowe 1ml|strzykawki tuberkulinowe|strzykawki|strzykawka|strzykawki insulinowe|strzykawki do insuliny|strzykawki trzyczęściowe tuberkulinowe|strzykawka tuberkulinowa|strzykawka insulinowa|strzykawka do insuliny|strzykawka trzyczęściowe tuberkulinowa}.

  558. What supplements should I plagiarize to increase clomid pct? Centre of the first vitamins pro fertility is vitamin E, which is known to repair egg trait in women. Females are advised to take at least 400 i.u. of this well-meaning of substance. Men can also forward from these vitamins for the benefit of fertility, as Clomid can improve the potency of sperm.

  560. How much does how to get viagra usa cost at Costco. “We can easily accede to generic versions of sildenafil mostly through wholesale pharmacies like Costco, at $4 as a remedy for 20 milligrams,” said Ben Davies, University of Pittsburgh urologist. “Patients commonly hang around there and get their steak and viagra without a doctors prescription viagra without a doctors prescription together and realize it a day.”

  599. Can I look like viagra before a meal. Conclusions: No noteworthy impoverishment of efficacy occurs when sildenafil is captivated rudely to come or with a meal. The duration of action after viagra generic date viagra pills may beat 10 hours.

  607. Is 20 mg of discount cialis online safe. Conform to safe, recommended doses. A 10 mg scribbling is most often recommended for the benefit of as-needed consume, still some men power find that a lower (5 mg) or higher buy cialis pharmacy (20 mg) dosage works better. According to studies, there is no imbalance in safety or efficacy between these two options.

  630. Its like you read my mind! You seem to know so much about
    this, like you wrote the book in it or something.
    I think that you could do with some pics to drive the message home a little bit, but instead of that, this is magnificent blog.
    A fantastic read. I will certainly be back. asmr 0mniartist

  636. Hello there I am so glad I found your site, I really found you by error,
    while I was browsing on Bing for something else, Anyhow I am here now and
    would just like to say cheers for a incredible post and
    a all round enjoyable blog (I also love the theme/design), I don’t have time to look over it all at the minute but I have bookmarked it and
    also added in your RSS feeds, so when I have time I will be back to read a great deal more,
    Please do keep up the superb job. 0mniartist asmr

  640. Hi there, I think your website could possibly be having internet browser compatibility issues.
    When I take a look at your site in Safari, it looks fine however, when opening in I.E., it’s got some overlapping issues.
    I merely wanted to provide you with a quick heads up!
    Apart from that, fantastic site! asmr 0mniartist

  690. I’m very happy to uncover this website. I need to
    to thank you for your time due to this wonderful read!!
    I definitely savored every bit of it and i also have you
    book marked to look at new things on your blog.

  693. Having read this I believed it was really enlightening. I appreciate you finding the time and effort to put this informative article together.

    I once again find myself personally spending a significant amount
    of time both reading and commenting. But so what, it was still
    worthwhile!

  694. Hello, i think that i saw you visited my site thus i came to “return the favor”.I am attempting to find things to enhance my
    web site!I suppose its ok to use some of your ideas!!

  697. Spot on with this write-up, I honestly believe this web site needs
    far more attention. I’ll probably be back again to read through more, thanks for the info!

  706. After I initially left a comment I seem to have clicked on the -Notify me when new comments are added- checkbox and now each time a comment is added I receive four emails with the same comment. Perhaps there is a way you are able to remove me from that service? Kudos!

  715. Hello, i think that i saw you visited my weblog so i came to “return the
    favor”.I am trying to find things to improve my website!I suppose
    its ok to use some of your ideas!!

  720. whoah this weblog is magnificent i love reading your posts.
    Keep up the great work! You realize, a lot of persons are hunting round
    for this info, you can aid them greatly.

  721. Today, I went to the beachfront with my children. I found a sea
    shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She put the shell to her ear and screamed.
    There was a hermit crab inside and it pinched her ear.

    She never wants to go back! LoL I know this is totally off topic but I had to
    tell someone!

  724. Hi there, i read your blog from time to time and i own a similar one and
    i was just wondering if you get a lot of spam responses?
    If so how do you prevent it, any plugin or anything you can advise?

    I get so much lately it’s driving me insane so any help is very much appreciated.

  728. Have you ever heard of second life (sl for short). It is basically a online game where you can do anything you want. sl is literally my second life (pun intended lol). If you would like to see more you can see these Second Life websites and blogs

  731. Thank you, I’ve recently been looking for info about this subject for ages and yours is the best I have discovered so far. But, what about the bottom line? Are you sure about the source?

LEAVE A REPLY

Please enter your comment!
Please enter your name here