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UGAFODE Microfinance Limited
UGAFODE Microfinance Limited, commonly called UGAFODE, is a microfinance deposit-accepting institution (MDI) in Uganda. It is licensed and supervised by the Bank of Uganda, the central bank and national banking regulator. Location The headquarters of UGAFODE are located at 62 Silva Arcade, Bombo Road in the central business district of Kampala, Uganda's capital and largest city. The coordinates of UGAFODE headquarters are:0°19'42.0"N, 32°34'26.0"E (Latitude:0.328322; Longitude:32.573889). Overview UGAFODE was the fourth MDI in Uganda. An application was made to the Bank of Uganda for the issuance of an MDI banking license. In October 2011, a Tier III MDI licence was granted, and MDI operations began on 10 October 2011. As of March 2014, the institution's total assets were about US$10.07 million (UGX:25.34 billion), with shareholders' equity of about US$2.25 million (UGX:5.66 billion). History UGAFODE was founded in 1994 as the Uganda Agency for Development Limited, a non-gover ...
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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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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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FINCA Uganda Limited
FINCA Uganda Limited, also known as FINCA Uganda, is a microfinance deposit-accepting institution (MDI) in Uganda. It is licensed and regulated by the Bank of Uganda, the central bank and national banking regulator. Location The headquarters of FINCA Uganda Limited are located at Plot 11B Acacia Avenue in Kampala Central Division, one of the five administrative divisions of the city of Kampala, Uganda's capital and largest city, about north of the city centre. The coordinates of the company headquarters are 00°20'07.0"N, 32°35'16.0"E (Latitude:0.335278; Longitude:32.587778). Overview FINCA Uganda was licensed as an MDI in 2004, although the institution has been in the country since 1992. 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. As an MDI, FINCA Uganda is a Tier III Financial Institution. It is there ...
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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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List Of Banks In Uganda
This is a list of commercial banks in Uganda # ABC Bank Uganda Limited # Absa Bank Uganda Limited # Bank of Africa Uganda Limited # Bank of Baroda Uganda Limited # Bank of India Uganda Limited # Cairo Bank Uganda # Centenary Bank # Citibank Uganda # DFCU Bank # Diamond Trust Bank # Ecobank Uganda # Equity Bank Uganda Limited # Exim Bank (Uganda) # Finance Trust Bank # Guaranty Trust Bank # Housing Finance Bank # I&M Bank Uganda # KCB Bank Uganda Limited # NCBA Bank Uganda # Opportunity Bank Uganda Limited # PostBank Uganda # Stanbic Bank Uganda Limited # Standard Chartered Uganda # Tropical Bank # United Bank for Africa See also *Banking in Uganda * List of Microfinance Deposit-taking Institutions in Uganda *List of licensed credit institutions in Uganda References External links Kenyan Banks In Major Ugandan Expansion
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Banking In Uganda
Before Uganda's independence in 1962, the main banks in Uganda were Barclays (UK based); Grindlays (also UK), Standard Bank (South Africa based) and the Bank of Baroda from India. The currency was issued by the East African Currency Board, a London-based body. In 1966, the Bank of Uganda (BoU), which controlled the issue of currency and managed foreign exchange reserves, became the central bank and national banking regulator. The government-owned Uganda Commercial Bank and the Uganda Development Bank were launched in the 1960s. The Uganda Development bank was a state-owned development finance institution, which channeled loans from international sources into Ugandan enterprises and administered most of the development loans made to Uganda. The East African Development Bank (EADB), established in 1967, was jointly owned by Uganda, Kenya, and Tanzania. It was also concerned with development finance. It survived the breakup of the East African Community in 1977 and received a new c ...
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Rukungiri
Rukungiri is a town in Rukungiri District of the Western Region of Uganda. It is the site of the district headquarters. Location Rukungiri is approximately , by road, north of Kabale, the largest city in the Kigezi sub-region. This is about , southwest of Mbarara, the largest city in the Western Region of Uganda. Rukungiri is approximately , by road, southwest of Kampala, the capital and largest city of Uganda. The coordinates of the town are 0°47'24.0"S, 29°55'30.0"E (Latitude:-0.7900; Longitude:29.9250). Overview Rukungiri is a two-street town surrounded by numerous hills and valleys. Most of the surrounding hills, however, have lost their natural shapes because of human activity, most notably agriculture. The town itself is located on a hilltop. In some places, the agricultural terraces on the hills cover them from the foot to peak. Population According to the 2002 national population census, Rukungiri had 12,765 inhabitants. In 2010, the Uganda Bureau of Statistics ...
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Ntungamo
Ntungamo is a town in the Western Region of Uganda. It is the largest town in Ntungamo District and the site of the district headquarters. Location Ntungamo is about , by road, southwest of the city of Mbarara, the largest city in Uganda's Western Region. This is approximately , by road, northeast of Kabale City, along the ''Mbarara–Ntungamo–Kabale–Katuna Road''. The coordinates of the town are 0°52'55.0"S, 30°15'55.0"E (Latitude:-0.881944; Longitude:30.265278). Overview Ntungamo is a growing town, located on the Mbarara-Kabale highway. A tarmacked road branches off at Ntungamo to lead to Rukungiri. The town, as of November 2013, was grappling with rapid growth, sanitation, and water supply issues. Population The 2002 national census put the population of the town at 13,320. In 2010, the Uganda Bureau of Statistics (UBOS) estimated the population at 16,100. In 2011, UBOS estimated the mid-year population at 16,400. In 2014, the national population census conducted in ...
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Mpigi
Mpigi is a town in Mawokota County, Mpigi District, in Central Uganda. Mpigi is the municipal, administrative and commercial headquarters of Mpigi District. The district is named after the town. Location Mpigi is an important transit town located approximately southwest of Kampala, Uganda's capital and largest city, along the Kampala–Masaka Road. The location of Mpigi town makes it an access point to the districts of Mpigi, Wakiso, Butambala, Gomba, Mityana, Kalungu and Kalangala, through various fishing landing sites on the shores of Lake Victoria. On Mbale Hill, which lies within the town, resides one of Buganda's most renowned traditional gods; Kibuuka Omumbaale. This hill is the ancestral home of the "Ndiga" (sheep) clan. The geographical coordinates of the town are 0°13'48.0"N 32°19'48.0"E (Latitude:0.2300, Longitude:32.3300). Mpigi Town Council sits at an average elevation of above mean sea level. Population At the 2002 national census, the population of Mpig ...
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Mbarara
Mbarara City is a city in the Western Region of Uganda and the second largest city in Uganda after Kampala. The city is divided into 6 boroughs of Kakoba Division, Kamukuzi Division, Nyamitanga Division, Biharwe Division, Kakiika Division, Nyakayojo Division. It is the main commercial centre of most of south western districts of Uganda and the site of the district headquarters. In May 2019, the Uganda's cabinet granted Mbarara a city status, which started on 1 July 2020. Location Mbarara is an important transport hub, lying west of Masaka on the road to Kabale, near Lake Mburo National Park. This is about , by road, southwest of Kampala, Uganda's capital and oldest city. The coordinates of the Mbarara central business district are 00 36 48S, 30 39 30E (Latitude:-0.6132; Longitude:30.6582). The city lies at an average elevation at about above sea level. City Wards The city has a total of 23 wards spread across 6 divisions and 2 constituencies Population In 2002, the national ce ...
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Lyantonde
Lyantonde is a town in the southern part of the Central Region of Uganda. It is the main municipal, administrative, and commercial center of Lyantonde District. Location Lyantonde is approximately , by road, west of Masaka, the nearest large city, on the all-weather Masaka–Mbarara Road. This is approximately , by road, south-west of Kampala, the capital and largest city of Uganda. The coordinates of the town are 0°24'25.0"S, 31°09'27.0"E (Latitude:-0.406944; Longitude:31.157500). Lyantonde Town sits at an average elevation of above mean sea level. Population In 2002, the national population census estimated the population of the town to be 7,500. In 2010, the Uganda Bureau of Statistics (UBOS) estimated the population at 8,700. In 2011, UBOS estimated the mid-year population at 8,900. During the national census and household survey of 27 and 28 August 2014, the Uganda Bureau of Statistics (UBOS), enumerated the population of Lyantonde Town at 13,586 people. In 2015 UBOS ...
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