MushanApp is an E Banking Software
Startup name
Founding date
February 2017
Total team member
Startup stage
Paying users
Finance, Micro Finance, Banking
Product usage or interact
Desktop, Mobile/Tablet (iOS), API, Server software (ie, databases)
Kampala District, Central Region, Uganda

Elevator pitch

MushanApp is a Mobile and Web based Banking System for Savings and Credit Cooperative Societies (SACCOs) seeking to promote a culture of pooling savings using Mobile Money, Visa Cards and Master Cards any time any where which is time and cost effective to 95% Ugandans who are underbanked and unbanked, making it the best solution for delivering financial services in Uganda and Africa at large.


Janson Mugabe

I'm a professional records manager, go getter and a finance tech entrepreneur, working as a Senior Records officer in the Ministry of Internal Affairs in Uganda and the Founder & CEO of MushanApp. I hold BRAM from Makerere University and a Diploma in ICT from NIIT technologies India.

Business model

Target customer

MicroFinance, Saving Clubs and Savings and Credit Cooprative Socienty

Customer acquisition strategy

Madia Advertisments and face to face promotion to Sacco offices

Revenue model

The price scale for web and mobile app Subscription is as follows:
For Sacco up to 1000 members & Clients $600(Year)
For Sacco up to 10,000 members & Clients $6,000(Year)

The price scale for SMS @ $ 0.01 is as follows:
For Sacco up to 1000 members & Clients $12(Per month)
For Sacco up to 10,000 members & Clients $120(Per month)

For Financial transactions, we charge 3.5%of the total amount per transaction .

Market info

Market size

$ 10,000,000


MTN Mokash: Provides customers the ability to save and borrow using their phones. Customers can save while earning an interest or take out short term loans using Mtn mobile money.
Another Compitor is Airtel Mobile SACCO: Airtel Money is a service offering that allows you to save and borrow using their phones. Customers can save and take loans using Airtel Money but both services ignore already established Saccos or saving groups and limit them to use only one net work to make transactions


  • 5,000 TEF Grant

Startup traction

We have so far registered three(3) Savings and Credit Cooperative Societies (Saccos ) with about 2000 members who use MushanApp to access their Sacco accounts and we have generated $3000 in revenues.
We also won $5000 grant from Tony Elumelu Entrepreneurship Program which we invested in MushanApp and it has helped us to integrate our system with MTN Mobile money and Airtel money Enabling our clients to do financial translations.
We have also been able to integrate our system to be able do SMS alerts after any transactions using our system which gives confidence to our clients
In2017 we were recognised as one of the best ICT Innovations for the National development in Uganda by Uganda Communication Commission a government regulator of Uganda's ICT sector. .

Publication date: 09 April 2018