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funding gap emerging markets
Uganda

Entrepreneur Financial Centre 21

  • EFC Uganda
  • Invertir en microfinanzas
  • + otros 343 inversores
  • With this investment of EUR 100,000 around 7 chicken farmers (united in an association) can receive a loan so they will be able to increase production by applying modern farming procedures and build better facilities.

    €100,000
    Importe
    4.00%
    Interés
    24 meses
    Vencimiento
    6 meses
    Reembolsos
    EUR
    Moneda
    Importe€100,000
    Interés4.00%
    Vencimiento24 meses
    Reembolsos6 meses
    MonedaEUR
      100%
      Completamente financiado en 3 díasen 14 Octubre 2021.

      El proyecto

      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)

      Loan Purpose

      With this investment of EUR 100,000 around 7 chicken farmers can receive a loan so they will be able to increase production by applying modern farming procedures and build better facilities.

       

      Mission

      To bring changes in the lives of the poor agriculture-based peoples like poultry farmers through their sustainable livelihood development and improvement of lifestyle.

       

      Impact

      Indirect benefit to the livelihoods of Ugandan small holder farmers & their families:

      • 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
      Nombre de la empresaEFC Uganda
      Director generalShem Kakembo
      Fundado2011-01-25
      UbicaciónKampala Uganda
      SectorAgricultura
      Volumen de negocio€400,000
      Empleados135

      Impacto

      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.

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