EFC Uganda Limited (MDI) (“EFCU” or “the Company”) is a licensed Microfinance Deposit-taking Institution (“MDI”) in Uganda. It was created in 2012 by Développement Desjardins International (“DID”) to provide access to financial services for the underserved SME market segment. The company operates in Kampala with a head office, two branches and five business service centers. EFCU is supervised by the Bank of Uganda.
General information
| Borrower | EFC Uganda Limited (MDI) |
| Country | Uganda |
| Head office | Kampala |
| Website | http://efcug.com |
| Founded | 13 December 2011 |
| Active on Lendahand since | 1 April 2019 |
Financial information per 2019-04-01
| Portfolio Overview | €5,889,789 |
| Equity / total assets | 31.00% |
| Write-off ratio last 12 months | 4.10% |
| % investment amount in arrears (>90 days) | 1.60% |
About Uganda
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Most recently funded project
Entrepreneur Financial Centre 12
With a loan of EUR 50,000 EFC will be able to provide capital to Mpererwe Tula Road Association so they can purchase more farmland for their members, where they can rear cattle and other animals like goats and sheep.
- Local partner investment
- 5 new jobs
- 96 people reached
Fully funded in 2 hours on 25 September 2020.
+ 122 other investors