EFC Uganda

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

BorrowerEFC Uganda Limited (MDI)
CountryUganda
Head officeKampala
Websitehttp://efcug.com
Founded13 December 2011
Active on Lendahand since 1 April 2019

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Financial information per 2020-06-30

Portfolio Overview€1,138,790,835.84
Equity / total assets19.00%
Write-off ratio last 12 months1.40%
% investment amount in arrears (>90 days)2.99%

About Uganda

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Most recently funded project

Entrepreneur Financial Centre 18

With this loan of EUR 301,500 Lay Egg Poultry Farmers Association will be able to increase production by applying modern farming procedures through improved and mechanized farming procedures, e.g. construction of better facilities, buying of incubators and educating of local farmers.

  • Local partner investment
  • 10 new jobs
  • 450 people reached

€301,500

Amount

24 months

Maturity

4.00%

Annual interest

EUR

Currency

6 months

Repayment Interval
100%
Fully funded in 25 days on 9 April 2021.