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Finance and Insurance

The Best Microfinance Institutions in Uganda

Microfinance institutions (MFIs) play a significant role in Uganda by offering financial services to individuals and small businesses that may not have access to traditional banking. They provide services such as small loans, savings accounts, and financial literacy programs to promote economic empowerment and development. This article highlights the best microfinance institutions in Uganda, with contact details and locations to help you find the right institution for your financial needs.

1. FINCA Uganda

  • Services: Microloans, savings accounts, business loans, group lending
  • Location: Plot 11, Upper Kololo Terrace, Kampala, Uganda

2. BRAC Uganda

  • Services: Microloans, SME loans, agriculture loans, financial literacy programs
  • Location: Plot 880, Heritage Village, Kamwokya, Kampala, Uganda

3. Pride Microfinance Limited (MDI)

  • Services: Individual loans, group lending, savings accounts, business loans
  • Location: Plot 9, Market Street, Kampala, Uganda

4. Uganda Microfinance Limited (UML)

  • Services: Microloans, SME loans, savings products, asset financing
  • Location: Plot 19, Lumumba Avenue, Kampala, Uganda

5. Opportunity Bank Uganda

  • Services: Microloans, savings accounts, business loans, mobile banking
  • Location: Plot 3, Kira Road, Kampala, Uganda

6. VisionFund Uganda

  • Services: Group loans, agriculture loans, microloans, education loans
  • Location: Plot 8, Acacia Avenue, Kololo, Kampala, Uganda

7. EFC Uganda Limited

  • Services: SME loans, group loans, savings products, business support services
  • Location: Plot 96, Rubaga Road, Kampala, Uganda

8. Letshego Uganda

  • Services: Microloans, SME loans, asset financing, savings accounts
  • Location: Plot 18, Nakasero Road, Kampala, Uganda

9. ENCOT Microfinance

  • Services: Microloans, agriculture loans, group lending, SME loans
  • Location: Plot 12, Hoima Road, Masindi, Uganda

10. Hofokam Limited

  • Services: Microloans, SME loans, savings products, business training
  • Location: Plot 5, Kabale Road, Fort Portal, Uganda

Conclusion:

These microfinance institutions in Uganda offer crucial financial services to support individuals, small businesses, and farmers in need of credit and savings solutions. Whether you’re seeking a small loan, business financing, or financial literacy programs, these MFIs provide tailored services to meet your needs and promote economic growth.

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