ChapChap 40 Days 40 FinTechs

40Days – 40Fintechs: ChapChap is changing the narrative about SMEs

Arnold Babasa

KAMPALA — Talk about Small and Medium Size Enterprises (SMEs) in Uganda and they will tell you how majority die before celebrating their fifth birthday. According to experts, this is due to a number of reasons but top on the list is poor record keeping and poor inventory management.

However, a group of entrepreneurs saw this challenge and instead of joining those condemning SMEs, they chose to change their narrative by innovating ChapChap – mobile payment application to help them improve record keeping to enable their businesses stay afloat and thrive.

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