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UGAFODE was founded in 1994 as the Uganda Agency for Development Limited, a non-governmental organization whose primary objective was to provide affordable financial services to its customers. In September 2010, in preparation to become an MDI, UGAFODE Microfinance Limited was incorporated as a limited company.
This is a list of regulated "Microfinance Deposit-taking Institutions" in Uganda. They are supervised and regulated by the Uganda Microfinance Regulatory Authority (UMRA). [1] FINCA Uganda Limited [2] Pride Microfinance Limited [2] UGAFODE Microfinance Limited [2]
Members of this class of institutions are known as Microfinance Deposit-taking Institutions or MDIs. MDIs are not authorized to offer checking accounts or to trade in foreign currency. [31] The MDIs in the country as of 14 December 2024 were: [37] FINCA Uganda Limited; UGAFODE Microfinance Limited
FINCA Uganda was licensed as an MDI in 2004, although the institution has been in the country since 1992. [4]FINCA provides financial services to Uganda's lowest-income entrepreneurs with the aim of alleviating poverty through lasting solutions that help people to create jobs, build assets, and improve their standard of living.
EFC Uganda Limited (EFCUL), also known as EFC Uganda, was a microfinance deposit-taking institution (MDI) in Uganda whose license was withdrawn and liquidated by Bank of Uganda on 19 January 2024. [ 1 ]
In 2003, the Uganda government acquired 100 percent shareholding in the enterprise, changing the name to Pride Microfinance Limited Uganda. [3] In 2005, it attained the status of a Tier III (an MDI), according to the Banking Act of 2003.
The Exposure through Volunteerism, Opportunity Spotting to Kindle Employment (EVOKE); a program which helps continuing students in higher institutions of learning to get short term job placement, internships and volunteer opportunities within Small, medium and micro-enterprises so as to build practical experience, hence get job placements thus ...
DFCU Group built its new headquarters, which house the main branch of DFCU Bank.The building is known as DFCU House and rises ten stories high. Located at 26 Kyaddondo Road, on Nakasero Hill, in Kampala's central business district, the development has underground and surface parking, as well as rentable, retail and office space on several levels.