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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.
Satin Creditcare Network Limited is a non-banking finance company , licensed by the Reserve Bank of India. It was founded in 1990 by Mr. H P Singh. [ 1 ] The company's offers financial requirements for excluded households at the bottom of the pyramid.
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]
Microfinance consists of financial services targeting individuals and small businesses (SMEs) who lack access to conventional banking and related services. Microfinance includes microcredit, the provision of small loans to poor clients; savings and checking accounts; microinsurance; and payment systems, among other services. [1] [2]
PMFL was founded in 1995 as a non-governmental organization with the support of the Norwegian Agency for Development Cooperation. Its major objective was to offer credit to the poor, targeting those in the agricultural sector. In 1999, it was incorporated as a limited company and changed its name to Pride Africa Uganda Limited.
Micro Units Development and Refinance Agency Bank (or MUDRA Bank) [1]) is a public sector financial institution in India. It provides loans at low rates to micro-finance institutions and non-banking financial institutions which then provide credit to MSMEs. It was launched by Prime Minister Narendra Modi on 8 April 2015. [2]
The Delaware-based entity serves as the gateway for United States investors to put their money into the SPBD Network, while the Singapore-based company plans to operate as a regional microfinance platform in the Pacific. The South Pacific Business Development Microfinance Holdings Pte. Limited in Singapore owns SPBD Samoa, SPBD Tonga, and SPBD ...
Microcredit quickly became a popular tool for economic development, with hundreds of institutions emerging throughout the third world. [2] Though the Grameen Bank was formed initially as a non-profit organization dependent upon government subsidies, it later became a corporate entity and was renamed Grameen II in 2002. [ 11 ]