FINCA Uganda Limited, also known as FINCA Uganda, is a microfinance deposit-accepting institution (MDI) in
Uganda
}), is a landlocked country in East Africa
East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territor ...
. It is licensed and regulated by the
Bank of Uganda
The Bank of Uganda ( sw, Benki Kuu ya Uganda) is the central bank of Uganda. Established in 1966, by Act of Parliament, the bank is wholly owned by the government but is not a government department.
History
In 1979 and again in 1987, the Ba ...
, 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 Kampala Central Division is one of the five divisions that make up Kampala, the capital of Uganda. The city's five divisions are:
(a) Kampala Central Division (b) Kawempe Division (c) Lubaga Division (d) Makindye Division and (e) Nakawa Division. ...
, one of the five administrative divisions of the city of
Kampala
Kampala (, ) is the capital and largest city of Uganda. The city proper has a population of 1,680,000 and is divided into the five political divisions of Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division, and Ruba ...
, 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
Standard of living is the level of income, comforts and services available, generally applied to a society or location, rather than to an individual. Standard of living is relevant because it is considered to contribute to an individual's quality ...
. As an MDI, FINCA Uganda is a Tier III Financial Institution. It is therefore prohibited from dealing in foreign exchange and cannot issue checking accounts.
As of December 2015, the institution's asset base was UGX:128.51 billion, with shareholders' equity of UGX:42.67 billion.
FINCA Uganda was one of the first financial institutions in Uganda to introduce biometric technology in 2011.
Ownership
It is a subsidiary and member organization of
FINCA International
FINCA International is a non-profit, microfinance organization, founded by John Hatch in 1984. FINCA is the innovator of the village banking methodology in microcredit and is widely regarded as one of the pioneers of modern-day microfinance. Wi ...
, headquartered in the United States.
Products and services
As of 2014, the financial services offered by FINCA Uganda included:
Branches
As of June 2014, FINCA Uganda maintained 26 inter-linked branches nationwide, at the following locations:
# Ben Kiwanuka Branch - 22 Ben Kiwanuka Street,
Kampala
Kampala (, ) is the capital and largest city of Uganda. The city proper has a population of 1,680,000 and is divided into the five political divisions of Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division, and Ruba ...
# Katwe Branch - Katwe Road,
Katwe
Katwe is an area in the city of Kampala, Uganda's capital.
Location
Katwe, located in Makindye Division, is bordered by Nakasero to the north, Nsambya to the east, Kibuye, Uganda, Kibuye and Makindye to the southeast, Ndeeba to the south and Meng ...
, Kampala
# Kireka Branch -
Kampala-Jinja Highway,
Kireka
Kireka is the name of a township in Central Uganda. It is one of the six townships or ''Wards'' that constitute Kira Municipality in Wakiso District. The other five ''Wards'' in Kira Municipality are Bweyogerere Ward, Kimwaanyi Ward, Kira Ward ...
,
Kira Municipality
# Kawempe Branch - Bombo Road,
Kawempe
Kawempe is an area in the city of Kampala, Uganda's capital. It is also the location of the headquarters of Kawempe Division, one of the five administrative divisions of Kampala.
Location
Kawempe is located on the northwestern edge of Kampala. ...
, Kampala
# Naakulabye Branch - Hoima Road,
Naakulabye
Naakulabye, also Nakulabye, is a neighborhood within the city of Kampala, the capital and largest city in Uganda.
Location
Naakulabye is located in Lubaga Division, in northwestern Kampala. It is bordered by Makerere Kikoni to the north, Makere ...
, Kampala
# Mukono Branch - Kampala-Jinja Road,
Mukono
Mukono Town is a municipality in Mukono District in the Central Region of Uganda. The town is administered by the Mukono Town Council. The district headquarters are located in this town.
Location
Mukono Municipality is 21 km east of ...
# Mityana Branch - Station Road,
Mityana
Mityana, is a town in the Central Region, Uganda, Central Region of Uganda. It is the main municipal, administrative, and commercial center of Mityana District, and the district headquarters are located there.
Location
Mityana is approximately , ...
# Nakasongola Branch - Lwampanga Road,
Nakasongola
Nakasongola is a town in Nakasongola District in the Central Region of Uganda. The town is the site of the district headquarters.
Location
Nakasongola is approximately north of Kampala, the capital and largest city of Uganda, on an all-weathe ...
# Masaka Branch - Edward Avenue,
Masaka
Masaka is a city in the Buganda Region of Uganda, west of Lake Victoria. The city is the headquarters of Masaka District.
Location
Masaka is approximately to the south-west of Kampala on the highway to Mbarara. The city is close to the Equator ...
# Kyotera Branch - Bukoba Road,
Kyotera
# Sembabule Branch - Mubende Road,
Sembabule
# Mbarara Branch - Masaka Road,
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, Nyakay ...
# Kabale Branch - Kisoro Road,
Kabale
Kabale is a town in the Western Region, Uganda, Western Region of Uganda. It is the chief town of Kabale District, and the district headquarters are located there.
Sometimes nicknamed “Kastone” as in the local language Rukiga, a “kabale” ...
# Fort Portal Branch - Rukidi III Street,
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 Kampal ...
# Jinja Branch - Lubas Road,
Jinja
# Kamuli Branch - Kitimbo Road,
Kamuli
Kamuli is a town in the Eastern Region of Uganda. It is the main municipal, administrative, and commercial centre of Kamuli District, and the district headquarters are located there. The district is named after the town.
Location
Kamuli is app ...
# Iganga Branch - Main Street,
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 ...
# Mbale Branch - Republic Street,
Mbale
Mbale is a city in the Eastern Region of Uganda. It is the main municipal, administrative, and commercial center of Mbale District and the surrounding sub-region.
Location
Mbale is approximately , by road, northeast of Kampala, Uganda's capita ...
# Busia Branch - Jinja Road,
Busia
# Lira Branch - Obote Avenue,
Lira
Lira is the name of several currency units. It is the current currency of Turkey and also the local name of the currencies of Lebanon and of Syria. It is also the name of several former currencies, including those of Italy, Malta and Israe ...
# Gulu Branch - Labwor Road,
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 large ...
# Arua Branch - Taban Lane,
Arua
Arua is a city and commercial centre within the Arua District in the Northern Region of Uganda.
Location
Arua is approximately , by road, north-west of Kampala, the capital and largest city of Uganda, Arua is about , by road, west of Gulu, the ...
# Koboko Branch - Central Road,
Koboko
Koboko is a town in Northern Region of Uganda. It is the main municipal, administrative, and commercial centre of Koboko District. Koboko is also the hometown of former dictator Idi Amin who ruled Uganda between 1971 and 1979.
History
A farm in ...
# Masindi Branch - Masindi Port Road,
Masindi
Masindi is a town in the Western Region of Uganda. It is on the road between Kampala and the Murchison Falls National Park. It is the site of the headquarters of the Masindi District.
Location
Masindi is approximately northwest of Kampala, Ug ...
# Hoima Branch - Old Toro Road,
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, nort ...
# Ntinda Branch - Ntinda Trading Centre, Ntinda Road,
Ntinda
Ntinda is a location in northeastern Kampala, the capital city of Uganda.
Location
Ntinda lies in Nakawa Division, one of the five administrative divisions of Kampala. It is bordered by Kyambogo to the east, Nakawa to the south, Naguru to the w ...
, Kampala.
# Acacia Branch - 11 Acacia Avenue, Kampala (Head Office)
See also
*
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 Lo ...
*
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 U ...
*
List of microfinance deposit-taking institutions in Uganda
*
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 headquarter ...
*
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 U ...
References
External links
Website of FINCA Uganda Limited
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Banks of Uganda
Companies based in Kampala
1992 establishments in Uganda
Banks established in 1992