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Rising tide of microfinance helps lift South Sudanese boatmaker

Rwanda-based lender Inkomoko operates in five countries and is looking to expand in west and central Africa.

When the rains come, Gore Ladu’s town of Mangala on the banks of the Nile in South Sudan is transformed into an island. Anyone without a boat is at risk of being stranded by the floods.
Ladu has turned this seasonal threat into an opportunity. With the help of two loans worth $9,240 from the Rwanda-based microfinance start-up Inkomoko, he scaled up….

Read More on Financial Times

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