EFC Uganda Limited (MDI) is a licensed Microfinance Deposit-taking Institution in Uganda. It was created in 2011 by Développement Desjardins International 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. EFC Uganda is supervised by the Bank of Uganda and has several reputable shareholders.
Shem Kakembo is the Managing Director since early 2018. Prior to joining EFC Uganda, Shem worked in leading management positions in financial industry in Uganda and Rwanda since 2003. His latest apointment prior to joining was as Head of Personal Markets (Retail) at Stanbic Bank (Uganda’s largest bank).
Information document of the issuing company EFC (NL)
Information note of the issuing company EFC (BE)
Background of the project
Lay egg poultry farmers Association is a Ugandan poultry farmers group of about 300 registered members and 150 unregistered members (established in 2014) located in Bukuya mubende district providing its members with support in educating them in the modern farming methods, educate them on various necessities before setting up a poultry farm in each location. With this loan the organization will also finance members to buy stater chicks from trusted suppliers and help them to maintain proper health management.
Lay egg poultry farmers Association was founded by Mr. Mukwaya paul and wife sarah Mukwaya residents of then myanzi town before moving to bukuya town, in search for a bigger space of land for farming, initially they focused on training farmers on improved poultry farming technics with a payment and later became a community based association, after engagement with local farmers who were doing poultry farming at a small scale to fulfil the animal nutrition demand for their home but were interested in large scale commercial poultry farming to earn more money.
Currently the association has over 400 hundred farmers producing both layers and broilers with a capacity of producing about 8400 lays in a week which they supply in local market and abroad. This has gradually improved the lives of the members in the association and has greatly impacted on their livelihood
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 poultry facilities, buying of Incubators, educating local farmer and providing capital so that they can increase their working capital.
To bring changes in the lives of the poor agriculture-based peoples, farmers poultry and dairy farm owners through their sustainable livelihood development and improvement of lifestyle.
To become a leading regional and international supplier of poultry products like chicken, eggs, Meat, and feather
Indirect benefit to the livelihoods of Ugandan small holder farmers & their families as Lay egg poultry farmers Association sources and provides free training to its member farmers and assist on looking for markets for all poultry products.
- Farmers benefit from training and market offered by the Association which contributes to poverty reduction.
- Farmers will enhance on their income to feed and educate their children
- Farmers have greatly improved their livelihood through engaging more in commercial farming compared to as it was in the past where farmers were majorly on subsistence farming