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funding gap emerging markets
Uganda

Entrepreneur Financial Centre 5

  • EFC Uganda
  • Invest in a Financial Institution
  • + 226 other investors
  • With a loan of EUR 101,000 Entrepreneur Financial Centre 5 will be able to finance 7 companies in Kampala, Uganda.

    €101,000
    Amount
    4.00%
    Interest
    30 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€101,000
    Interest4.00%
    Maturity30 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 4 days on 22 June 2019.

      Summary

      Collin Mesaki Muhumuza

      Collin has been in the trading business for the last 16 years. He is a major distributor of Mukwano products which include plastics, detergents and cooking oil. He is in-charge of the eastern region which stretches from Mukono to Jinja. His shop is located on Translink building. He turns over Ugx 3.1billion per annum. He currently has 4 employees who help in the operations of the business. Due to the increased targets from the manufacturer, Collin needs to increase his working capital and has requested for Ugx 65 million

      Angella Damalie Lusiba

      Angella trades in women hand bags and jewelry and has been operational for the last 11 years. She has 3 shops located in Lungujja, Kosovo and in the Central business district. The business has stock of Ugx 118 million and turns over Ugx 882million per annum. She currently employees 7 staff. Angella wants to borrow Ugx 50 million to increase her permanent working capital in the new shop that has operated for just 9 months and take advantage of the accelerated growth seen in Lungujja.

      John Kiwanuka

      The entrepreneur operates a motor vehicle spare parts outlet for now the last eight 7 years on Kashamba complex.  The business turns over Ugx 1.74 billion shillings per annum and has got 5 employees. The entrepreneur wants to include some new parts that are on demand yet not inclusive in his range of product line. He has requested for Ugx 70 million to support him meet this need.

      Michael Ricky Turakira

      The entrepreneur has been in the trading and distribution business for the last 13 years. He is a major distributor of Mukwano products (plastics, detergents and cooking oil). He is in-charge of the Kampala - west region which stretches from Matugga, Kawempe and Nansana. The business has its outlet on Baskerville building. He turns over Ugx 3.6billion per annum. He currently has 7 employees who help in the operations of the business. Due to the increased targets from the manufacturer, Michael needs to increase his working capital and has requested for Ugx 85.6 million

      Samuel Galiwango

      Samuel is a seasoned business man that has grown his transport business from scratch and now has expanded into sale of reconditioned cars. Samuel started business as early as 16 years after his father passed on and left him an omni-bus. Now at 68 years of age, he has 21 transport vehicles (7 omni buses, 9 vans (taxis) and 5 canter trucks. He has 32 vehicles in his bond for sale located in Makindye. Samuel turns over Ugx 1.9 billion per annum and employs 32 people. He seeks working capital of Ugx 80 million to purchase tyres for his vehicles

      Joshua Sentongo

      The entrepreneur operates a state of art Photo shop business in Mukono for the last 6 years. He employs 4 people and turns over Ugx 210 million per year. He has approached EFC for a loan of Ugx 30 million to increase his permanent working capital by acquiring some printing equipment.    

      Richard Magezi

      Richard has graduated from a retail shop into a wholesale shop in Kawempe over the past years, trading in general merchandise. The business has been operational for the last 11 years and now employs 4 people. The business turns over Ugx 341 million per year. Richard approached EFC seeking Ugx 28 million to inject more working capital in this business.

      Company nameEntrepreneur Financial Centre 5
      CEODeogratius Mawano
      Founded2008-09-19
      LocationBuganda Road, Kampala
      SectorServices
      Turnover€2,000,000
      Employees122

      Impact

      Entrepreneur Financial Centre (EFC) supports a wide range of entrepreneurs and agricultural cooperatives within different sectors in Uganda. Their loans enable job creation, working capital, and working material for underserved SMEs, allowing better living and working conditions within local communities. In Uganda, there's a strong demand for impact capital to enable organizational improvement and economic growth, helping the country reach its full economic potential

       

      SDGs impacted

      With this project you are contributing to the following Sustainable Development Goals:

      SDG 1 - No poverty

      SDG 8 - Decent work and economic growth

      SDG 10 - Reduced inequalities

      Read more about the impact you can make through our platform and the SDGs on our impact page.

      • With this investment 7 jobs are created
      • With this investment 314 lives are improved

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      We have already contributed to Entrepreneur Financial Centre 5

      Gerard de Jong
      Joop Singeling
      Edwin Tofield
      Robert Mars
      rits dijkstra
      + and another
      226
      investors