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.
|Borrower||EFC Uganda Limited (MDI)|
|Founded||13 December 2011|
|Active on Lendahand since||1 April 2019|
Financial information per 2019-04-01
|Equity / total assets||31.00%|
|Write-off ratio last 12 months||4.10%|
|% investment amount in arrears (>90 days)||1.60%|
Most recently funded project
Entrepreneur Financial Centre 16
With EUR 300,000 the 150 members of the One heart group will acquire the land on which they operate and save the cost of renting premises, purchase a brick making machine to increase production efficiency and employ more labourers.
- Local partner investment
- 50 new jobs
- 250 people reached