Pride Microfinance Limited
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Pride Microfinance Limited
Pride Microfinance Limited (PMFL), is a microfinance deposit-taking institution (MDI) in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator. PMFL provides financial services to that segment of the Ugandan population who are not served or are unable to access financial services through Ugandan commercial banks. PMFL's focus are the micro, small, and medium size entrepreneurs. As an MDI, PMFL is a Tier III Financial Institution. It is therefore prohibited from dealing in foreign exchange and cannot issue checking accounts. , the institution's total assets were valued at approximately US$56.84 million (UGX:147.4 billion), with shareholders' equity of approximately US$18.1 million (UGX:46.97 billion). As of December 2013, Pride Microfinance employed 585 people and served 373,667 customers. History PMFL was founded in 1995 as a non-governmental organization with the support of the Norwegian Agency for Development Cooperation. Its major obj ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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PostBank Uganda
PostBank Uganda is a commercial bank in Uganda, licensed and supervised by the Bank of Uganda, the country's central bank and national banking regulator. The bank received her tier-1 banking license in December 2021. Before that, PostBank Uganda was classified as a non-bank credit institution, still under the supervision of the Bank of Uganda. Overview , PostBank Uganda had total assets worth UGX:745 billion (approx. US$193.3 million), with shareholders' equity worth UGX:117.1 billion (approx. US$30.4 million). At that time customer deposits totaled UGX:507.2 billion (approx. US$131.6 million), and its loan book stood at UGX:454.9 billion (approx. US$118 million). History PostBank Uganda has been in existence since 1926. It started out as a department in the Post Office. In February 1998 PostBank Uganda Limited was incorporated in accordance with the Communications Act of 1997 to take over the operations of the former Post Office Savings department. PostBank Uganda was inco ...
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Jinja, Uganda
Jinja is a city in the Eastern Region of Uganda, located on the North shores of Lake Victoria. Location Jinja is in Jinja District, Busoga sub-region, in the Eastern Region of Uganda. It is approximately , by road, east of Kampala, the capital and largest city of Uganda. It sits along the northern shores of Lake Victoria, near the source of the White Nile. The city sits at an average elevation of above sea level. History The city was founded in 1901 by British settlers. It was planned under colonial rule in 1948 by Ernst May, German architect and urban planner. May also designed the urban planning scheme for Kampala, creating what he called "neighborhood units." Estates were built for the ruling elite in many parts outside the center city. This led to the area's 'slum clearance' which displaced more than 1,000 residents in the 1950s. In 1954, the construction of the Owen Falls Dam submerged the Ripon Falls. Most of the "Flat Rocks" that gave the area its name disappeared ...
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Ishaka
Ishaka is a town in the Western Region of Uganda. It is one of the municipalities in Bushenyi District. Location Ishaka is located in Igara County, in Bushenyi District, approximately , by road, west of Mbarara, the largest city in the sub-region. This is about , west of Bushenyi, the location of the district headquarters. The coordinates of Ishaka are 0°32'42.0"S, 30°08'18.0"E (Latitude:-0.545006; Longitude:30.138343). Overview Ishaka is a town in Igara County, in Bushenyi District. Together with the neighboring town of Bushenyi, it forms the Bushenyi-Ishaka Metropolitan Area. It is the largest metropolis in the district. The district headquarters are located in Bushenyi. Kampala International University, one of the thirty-one universities in the country maintains its Western Campus in Ishaka. This campus houses Kampala International University's medical school. Population In 2014, the national population census put the population of Bushenyi, including Ishaka, at 41,063. P ...
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Iganga
Iganga is a town in the Eastern Region of Uganda. It is the main municipal, administrative, and commercial center of Iganga District. Location Iganga is located in Uganda's Busoga sub-region. It lies approximately , by road, northeast of the city of Jinja on the highway between Jinja and Tororo. This is approximately , by road, southwest of Mbale, the largest city in Uganda's Eastern Region. The coordinates of the town of Iganga are:0°36'54.0"N, 33°29'06.0"E (Latitude:0.6150; Longitude:33.4850). Overview Points of interest in the town include the ''DevelopNet Iganga Project'', which houses an Internet cafe and a community center for the Iganga District NGO/CBO Forum. ''International Hand Iganga'' is a non-governmental organization operating in the area supporting education and community development. Iganga town has several Internet cafes, several guest houses, and a bustling market in the center of town adjacent to the taxi park. Religious buildings like churches and mosqu ...
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Ibanda
Ibanda is a town in the Western Region of Uganda. It is the main political, administrative, and commercial centre of Ibanda District and the site of the district headquarters. It started wayback in 1990s and was elevated from a trading centre to a town board, town council and in 2016 it was granted a Municipality status. The Municipal Council has three Divisions of Kagongo, Bisheshe and Bufunda with 21 wards of Kyaruhanga, Bufunda, Nyamirima, Nsasi, Kayenje, Kashangura, Rwenshuri, Kigarama, Rugazi, Rwobuzizi, Kakatsi, Bugarama, Karangara, Kabaare, Kanyansheko, Nyakatookye, Kyeikucu, Kikoni, Kagongo, Ruyonza and Katongore ward. Ibanda Municipal Council has over 230 villages. Ibanda Municipal council commenced its operations on 1 July 2016 after being elevated from a Town Council and other sub counties that were annexed to. (Bisheshe Sub County, Nsasi, Part of Nyabuhikye Sub County and Kashangura). Location Ibanda is located approximately , by road, northwest of Mbarara, the lar ...
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Hoima
Hoima is a city in the Western Region of Uganda. It is the main municipal, administrative, and commercial center of Hoima District. It is also the location of the palace of the Omukama of Bunyoro. Location Hoima is approximately , by road, northwest of Kampala, Uganda's largest city, on an all-weather tarmac highway, the Kampala–Hoima Road. The coordinates of Hoima City are 1°25'55.0"N 31°21'09.0"E (Latitude:1.431944; Longitude:31.352500). Population According to the 2002 national census, the population of Hoima was enumerated at 60,561. In August 2014, the national population census put Hoima's population at 100,099. In 2020, the Uganda Bureau of Statistics (UBOS) estimated the mid-year population of the city at 122,700. UBOS calculated the population growth of Hoima to average 3.54 percent annually between 2014 and 2020. Economic activity Between 2000 and 2009, a considerable amount of oil deposits, estimated at between 2.5 billion to 3.5 billion barrels, were discove ...
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Gulu
Gulu is a city in the Northern Region of Uganda. It is the commercial and administrative centre of Gulu District. The coordinates of the city of Gulu are 2°46'54.0"N 32°17'57.0"E. The distance from Gulu to Kampala, Uganda's capital and largest city, is approximately by road. Gulu is served by Gulu Airport. History During the British Bagool rule in the 18th and 19th centuries, northern Uganda was less developed compared to the rest of the country. The people were conscripted into the army and the police. Many were sent to fight in the first and second World Wars. In the 1960s, many Sudanese, Rwandese, and Congolese refugees settled in the city. The Lord's Resistance Army (LRA) under the leadership of Joseph Kony sprang up in the 1990s after Auma/Lakwena went to Kenya. The LRA became increasingly violent in Gulu and surrounding communities. Up to 15,000 children, known as "night commuters", were fleeing into the city for safety every evening. In 1996, the Ugandan government ...
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Fort Portal
Fort Portal or Kabarole is a city located in the Western Region of Uganda. It is the seat of both Kabarole District and historically of the Toro Kingdom. Location Fort Portal in Kabarole District is located approximately by road, west of Kampala, Uganda's capital and largest city, on an all-tarmac two-lane highway. The geographical coordinates of Fort Portal City are 0°39'16.0"N, 30°16'28.0"E (Latitude:0.654444; Longitude:30.274444). Fort Portal is situated at an average elevation of above sea level. City Status On 1st July 2020, Fort Portal was elevated from municipality to a ''"Tourism city"'' status. In 2019, in preparation for the award of city status, Ford Portal annexed several surrounding neighborhoods and sub-counties, including (a) Karago (b) Ibaale Parish (c) Burungu Parish (d) Karambi sub-county (e) Bukuku sub-county and (f) parts of Busoro sub-county. Population According to the 2002 national census, the population of Fort Portal was about 41,000. In 2010, the ...
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Buwenge
Buwenge is a town in the Eastern Region of Uganda. It was proposed as the headquarters of Jinja District in 2009 when local district leaders were lobbying government to grant Jinja city status. However, when the district headquarters were relocated 10 years later, Kagoma, a smaller community in ''Buwenge sub-county'' was selected as the new district headquarters. Location The town is bordered by Luzinga to the northeast, Butamira to the southeast, Mabira to the south, Mawoto to the west and Kiroro to the north. Buwenge is situated on the ''Jinja–Kamuli–Mbulamuti Road'', approximately , by road, north of Jinja, the largest city in the Busoga sub-region. This is about , by road, south of the town of Kamuli. The coordinates of Buwenge Town are: 0°39'01.0"N, 33°10'13.0"E (Latitude:0.650278; Longitude:33.170278). Population In 2014, the national census and population survey put the population of the town at 22,074. In 2020, the Uganda Bureau of Statistics estimated the mid- ...
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Bushenyi
Bushenyi is a town in Western Uganda. It is the 'chief town' of Bushenyi District and the district headquarters are located there. The district is named after the town, in keeping with the practice in most of the districts in the country. Location Bushenyi is located on the Mbarara–Ishaka Road, approximately , by road, west of Mbarara, the largest city in the sub-region. This is about east of the town of Ishaka. Kampala, the national capital and largest city in the country lies approximately , by road to the north-east of Bushenyi. The coordinates of the town are 0°32'30.0"S 30°11'16.0"E (Latitude:-0.541667; Longitude:30.187778). Population The 2002 the national census enumerated the combined population of Bushenyi-Ishaka Metropolitan Area at 37,664. In 2014, the national population census put the population of Bushenyi, including Ishaka, at 41,217. In 2020, the statistics agency estimated the mid-year population of the town at 43,700 inhabitants. UBOS calculated that the ...
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Bugiri
Bugiri is a town in the Eastern Region of Uganda. It is the chief town of Bugiri District, and the district headquarters are located there. The town was elevated to Municipal Council status in 2019. Location Bugiri is located approximately , by road, east of Jinja, the largest city in Busoga sub-region, along the Jinja–Iganga–Bugiri–Tororo Road. This is approximately , by road, southwest of Mbale, the largest city in the Eastern Region of Uganda. The coordinates of the town are:0°34'10.0"N, 33°44'55.0"E (Latitude:0.569450; Longitude:33.748600). Overview Lying on the main highway between Kampala and the border towns of Malaba and Busia, Bugiri experiences a lot of automotive traffic carrying passengers and goods wholly within Uganda and to Rwanda, Burundi, and parts of the Democratic Republic of the Congo. The town is also known as a home of rice growing and processing company Tilda Uganda and its booming sex-trade, particularly in its suburb of Naluwerere. P ...
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