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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.
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]
For the past 10 to 15 years, he has been intimately associated with Uganda's banking industry. He is credited with: The transformation of Pride Microfinance Limited from a Non-Government Organization (NGO), into a Tier III Deposit-taking microfinance financial institution (MFI).
As of 2008, Stanbic Uganda was the dominant commercial bank in Uganda, with about 27 percent of all bank assets and about 20 percent of all bank branches. [ 6 ] Nile Bank Limited , an indigenous institution, was acquired by the British conglomerate Barclays in January 2007 and merged with its existing Ugandan operations to form the Barclays ...
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.
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.
Location of Uganda. Uganda, officially the Republic of Uganda, is a landlocked country in East Africa. Uganda's economy generates income from annual exports that include coffee ($466.6 million), tea ($72.1 million), and fish ($136.2 million). [1] The country has commenced economic reforms and growth has been robust.
Wilberforce Kisamba Mugerwa, also Wilberforce Kisamba-Mugerwa, (5 July 1945 – 7 January 2021) was a Ugandan agricultural economist, politician and academic, who served as the chairman of the Uganda Microfinance Support Center, a government-owned company established in 2001, that manages micro credit programs in Uganda, funded by the African Development Bank, Islamic Development Bank and the ...