Letshego Microfinance Uganda
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Letshego Microfinance Uganda, (also Letshego Microfinance Uganda Limited (LMUL)), whose official name is Letshego Uganda Limited, is a Tier IV
microfinance Microfinance is a category of financial services targeting individuals and small businesses who lack access to conventional banking and related services. Microfinance includes microcredit, the provision of small loans to poor clients; savings ...
institution in Uganda. LMUL is a microfinance company that offers SME loans, mortgage loans, and education loans, among other forms of lending. The company also offers savings accounts. As of December 2013, LMUL's assets were valued at UGX:91 billion (US$36.4 million) and it had a loan portfolio of UGX:58 billion ($23.2 million). Total customer deposits stood at UGX:43 billion ($17.2 million). At that time, the institution had 32 branches.


History

The institution was founded in 2005 as Micro Provident Uganda Limited. In 2012, the business re-branded to Letshego Uganda Limited. In 2013, Letshego Holdings Limited acquired control of Micro Africa Limited, a Kenya-based microfinance institution with subsidiaries in Kenya, Rwanda, Uganda, and South Sudan. The two operations in Uganda were merged to form Letshego Microfinance Uganda Limited.


Location

LMUL's headquarters are located at 9 Wampewo Avenue on Kololo Hill, a business and residential neighborhood within the city of Kampala, Uganda's capital. This is approximately north-east of the city center. The coordinates of the institution's headquarters are 00°19'23.0"N, 32°35'47.0"E (Latitude:0.323056; Longitude:32.596389).


Ownership

The company is majority owned by Letshego Holdings Limited, a publicly traded holding company of financial services subsidiaries in Botswana,
Burundi Burundi (, ), officially the Republic of Burundi ( rn, Repuburika y’Uburundi ; Swahili language, Swahili: ''Jamuhuri ya Burundi''; French language, French: ''République du Burundi'' ), is a landlocked country in the Great Rift Valley at the ...
,
Eswatini Eswatini ( ; ss, eSwatini ), officially the Kingdom of Eswatini and formerly named Swaziland ( ; officially renamed in 2018), is a landlocked country in Southern Africa. It is bordered by Mozambique to its northeast and South Africa to its no ...
, Kenya,
Lesotho Lesotho ( ), officially the Kingdom of Lesotho, is a country landlocked country, landlocked as an Enclave and exclave, enclave in South Africa. It is situated in the Maloti Mountains and contains the Thabana Ntlenyana, highest mountains in Sou ...
, Mozambique, Namibia, Nigeria,
Rwanda Rwanda (; rw, u Rwanda ), officially the Republic of Rwanda, is a landlocked country in the Great Rift Valley of Central Africa, where the African Great Lakes region and Southeast Africa converge. Located a few degrees south of the Equator ...
, Tanzania, and Uganda.


Branch network

The branch network of LMUL included the following locations as of August 2016. # Kololo Branch - 9 Wampewo Avenue, Kololo, Kampala Head Office # Arua Branch - 47 Adumi Road,
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 ...
# Apac Branch - Hospital Road,
Apac Apac is a town in Apac District in the Northern Region of Uganda. It is the 'chief town' of the district and the district headquarters are located there. The district is named after the town. Location Apac is located approximately , by road ...
# Arua Park Branch - Shop 7&8, Arua Park Mall, Kampala # Bundibugyo Branch - 2 Vanilla Street, Bundibugyo # Bushenyi Branch - 9 High Street, Bushenyi # Tororo Branch - 5-17 Nagongera Road,
Tororo Tororo is a town in the Eastern Region of Uganda. It is the main municipal, administrative, and commercial center of Tororo District. History Tororo was garrisoned by the Uganda Army's Air and Sea Battalion during the Uganda–Tanzania War ( ...
# Gulu Branch - 13 Awere Road, Gulu # Iganga Branch - 4B Obojja Road, Iganga # Ibanda Branch - 12 Bufunda Road, Ibanda # Jinja Branch 1 - 54 Iganga Road, Jinja # Jinja Branch 2 - 51-53 Lubas Road, Jinja # Soroti Branch - 59B Gweri Road, Soroti # 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 # Mbale Branch - BCU Building, 12 Manafwa Road, Mbale # Kamuli Branch - 14 Gabula Kitimbo Road, Kamuli # Kabwohe Branch - 67 Mbarara-Ishaka Road,
Kabwohe Sheema, also Sheema Municipality, is an urban centre in the Western Region of Uganda. It is the largest municipality in Sheema District. Location Sheema lies on the Mbarara–Ishaka Road, approximately , by road, west of Mbarara, the largest ci ...
# Kajjansi Branch - 383 Kampala-Entebbe Road, Kajjansi # Kaleerwe Branch - 220 Kampala-Gayaza Road,
Kaleerwe Kaleerwe is a neighborhood within Kampala, Uganda's capital and largest city. Kaleerwe is a busy road-side marketplace, beyond which is a residential slum. Due to its relative low altitude, compared to the surrounding hills, and its proximity to ...
, Kampala # Kanungu Branch - Independence Road, Kanungu # Kasese Branch - Rwenzori Road, Kasese # Kayunga Branch - Busaana Road,
Kayunga Kayunga is a town in the Central Region of Uganda. It is the main municipal, administrative, and commercial center of Kayunga District. Location Kayunga is approximately northeast of Kampala, Uganda's capital and largest city, on an all-weath ...
# Kibaale Branch - 1 Isuunga Road,
Kibaale Kibaale is a town in the Western Region of Uganda. It is the main municipal, administrative, and commercial center of Kibaale District, and the district headquarters are located there. Location Kibaale is in Buyaga County, approximately , by ro ...
# Kiboga Branch - Kampala-Hoima Road,
Kiboga Kiboga is a town in the Buganda Region of Uganda. It is the main municipal, administrative, and commercial center of Kiboga District, and the district headquarters are located there. Location Kiboga is located approximately northwest of Kamp ...
# Kireka Branch - 336 Kampala-Jinja Road, Kireka # Kisozi Complex Branch - 8 Kisozi Complex, Kyaggwe Road, Nakasero, Kampala # Kisoro Branch - 30 Kabale Road,
Kisoro Kisoro is a town in the Western Region of Uganda. It is the chief town of Kisoro District and the site of the district headquarters. Location Kisoro is approximately , by road, west of Kabale, the largest city in the Kigezi sub-region. This is ...
# Kitgum Branch - 107 Uhuru Drive,
Kitgum Kitgum is a municipality in Kitgum District in the Northern Region of Uganda. The town is administered by Kitgum Municipality Council, an urban local government. It is the largest metropolitan area in the district and the site of the district ...
# Kotido Branch - 20 London Road,
Kotido Kotido is a town in the Northern Region of Uganda. It is the chief municipal, administrative, and commercial center of the Kotido District and the site of the district headquarters. Location Kotido is approximately , by road, northwest of Moro ...
# Kyotera Branch - 238 Bukoba Road,
Kyotera Kyotera is a town in the southern part of the Central Region of Uganda. It is a municipality in Kyotera District. However, the district headquarters are located at Kasaali. Location Kyotera is located in the newly-created Kyotera District. It l ...
# Kumi Branch - 14 Oumo Road, Kumi # Lira Branch - 114 Oyam Road,
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 ...
# Luweero Branch - 739 Kampala-Gulu Road, Luweero # Masaka Branch - 16 Edward Street, Masaka # Masindi Branch - 91 Masindi Port Road, Masindi # Fort Portal Branch - 3 Rukidi III Street, Fort Portal # Mayuge Branch - 11 Bugade Road,
Mayuge Mayuge is a town in the Eastern Region of Uganda. It is the location of the headquarters of Mayuge District. Location Mayuge is located on the Musita–Mayuge–Lumino–Majanji–Busia Road, about southeast of Musita. This is about south of ...
# Kapchorwa Branch 1 - 32A Kapchorwa-Mbale Road, Kapchorwa # Kapchorwa Branch 2 -23 Gogonya Road, Kapchorwa # Mbarara Branch - 16-18 Bananuka Drive,
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 ...
# Mityana Branch - 425 Mityana Road, Mityana # Moroto Branch - Moroto-Napak Road, Moroto # Moyo Branch - Laura House, Besia Village, Moyo # Mpigi Branch - 195 Butambala Road, Mpigi # Mukono Branch - 3 Kampala-Jinja Road, Mukono # Nansana Branch - Masitowa Building, 5390 Kampala-Hoima Road,
Nansana Nansana is a town in the Central Region of Uganda. It is located in the Wakiso District and is one of the five municipalities in the district. Nansana is a municipal council comprising four Divisions; Nansana Division, Nabweru Division, Gombe ...
# Nateete Branch - Marvin House, 962 Kampala-Masaka Road, Nateete # Nebbi Branch - 19 Arua Road, Nebbi # Ntungamo Branch - 8 Kabale Road # Rukungiri Branch - 31 Rubabo Road,
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 , ...
# Kabale Branch - 88 Kisoro Road, Kabale # Koboko Branch - Samuel Baba 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 ...


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 Lon ...
* List of banks in Uganda


References


External links


Website of Bank of Uganda
{{Kampala District Banks of Uganda Companies based in Kampala Kampala Central Division Banks established in 2005 2005 establishments in Uganda