FINCA Uganda Limited

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FINCA Uganda Limited
Type Private
Industry Financial Services
Founded 1992
Headquarters 22 Ben Kiwanuka Street,
Kampala, Uganda
Key people Julius Omoding
Chief Executive Officer
Products Loans, Savings
Total assets US$17.6 million (2009)[1]
Employees 460+
Website Homepage

FINCA Uganda Limited, also known as FINCA Uganda, is an MDI (Microfinance Deposit-taking Institution) in Uganda. It is a subsidiary and member organization of FINCA International, headquartered in the United States of America.

Location

The headquarters of FINCA Uganda Limited are located at 22 Ben Kiwanuka Street, in Central Kampala, Uganda's capital city. This location, on the western slopes of Nakasero Hill, is in the Kampala's central business district. The coordinates of this location are: Latitude:0.3108; Longitude:32.5767).

Overview

FINCA Uganda Limited is licensed as a Microfinance Deposit-taking Institution (MDI). Its MDI license was issued in 2004.[2] The institution provides financial services to Uganda's lowest-income entrepreneurs with the aim of creating jobs, building assets and improve their standard of living.[3] 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 2009, the institution's asset base was in excess of US$17.6 million, with over 40,000 deposit accounts and over 45,000 loan accounts. The shareholders' equity in the institution totaled about US$8.2 million at that time.[4]

Products and services

FINCA Uganda offers a wide range of financial services including:

  • Group Loans(Small Group and Village Group)
  • Individual Loans
  • Salary Loans
  • Voluntary Savings Accounts
  • Fixed Deposits
  • FINCA Easy Account
  • Smart Start Account
  • Target Account
  • School Fees Loan
  • Junior Account
  • Credit Life Insurance
  • Western Union Transfer Services
  • RTGS
  • Standing Orders

In keeping with the mission objectives of the institution, the majority of loans (66%) are made to poor entrepreneurial women, with an average loan being US$220.

Branches

As of November 2013, the institution maintains twenty-seven inter-linked branches nationwide.

1. Ben Kiwanuka Branch - Ben Kiwanuka Street, Kampala Below old taxi park Tel: +256-414-345220

2. Katwe Branch - Katwe Road, Kampala Opp. Kakumba Motors Tel: +256-414-230084

3. Kireka Branch - Jinja Road, Kampala Next to Shell Malindi Tel: +256-414-286189

4. Kawempe Branch - Bombo Road, Kawempe Next to Kawempe Police Station Tel: +256-414-568695

5. Nakulabye Branch - Hoima Road, Kampala Nakulabye towards Kasubi Tel: +256-414-531009

6. Nateete Branch - Nateete Shopping Centre

7. Mukono Branch - Jinja Road, Mukono Next to Town Council Tel: 256-414-291001

8. Mityana Branch - Station Road, Mityana Close to Taxi Park Tel: +256-464-442892

9. Nakasongola Branch - Lwampanga Road Tel: +256-414-691000

10. Masaka Branch - Edward Avenue, Masaka Tel: +256-481-421020

11. Kyotera Branch - Bukoba Road, Kyotera Tel: +256-485-661043

12. Sembabule Branch - Mubende Road, Sembabule Tel: +256-471-660657

13. Mbarara Branch - Masaka Road, Mbarara In Mbarara Town Tel: +256-485-421808

14. Kabale Branch - Kisoro Road, Kabale Tel: +256-486-422440

15. Fort Portal Branch - Rukidi III Street, Fort Portal Tel: +256-485-422010

16. Jinja Branch - Lubas Road, Jinja Tel: +256-434-120058

17. Kamuli Branch - Kitimbo Road, Kamuli Tel: +256-434-353065

18. Iganga Branch - Main Street, Iganga Tel: +256-434-242015

19. Mbale Branch - Republic Street, Mbale Opposite Mbale Police Station Tel: +256-454-433272

20. Busia Branch - Jinja Road, Busia Tel: +256-454-443094

21. Lira Branch - Obote Avenue, Lira Tel: +256-473-420168

22. Gulu Branch - Labwor Road, Gulu Tel: +256-471-433596

23. Arua Branch - Taban Lane, Arua Tel: +256-476-420524

24. Koboko Branch - Central Road, Koboko Tel: +256-392-733138

25. Masindi Branch - Masindi Port Road, Masindi Tel: +256-465-420423

26. Hoima Branch - Old Toro Road, Hoima Next to the Taxi Park Tel: +256-465-420423

27. Ntinda Branch Ntinda road Opposite Ntinda Mosque Ntinda Trading Centre

See also

References

External links

Coordinates: 00°18′41″N 32°34′53″E / 0.31139°N 32.58139°E / 0.31139; 32.58139

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