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 2019-04-01

Loan portfolio€5,889,789
Equity / total assets31.00%
Write-off ratio last 12 months4.10%
% investment amount in arrears (>90 days)1.60%

About Uganda

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Most recently funded project

Mubende Cooperative Union

With a loan of EUR 20,200 one of the Mubende Cooperative Union members will be able to buy more maize inventory to store in the warehouse.

  • Local partner investment
  • 3 new jobs
  • 15 people reached

€20,200

Amount

12 months

Maturity

4.50%

Annualized interest
100%
Fully funded in 2 days on 13 June 2020.