Entrepreneur Financial Centre 22
With this investment of EUR 150,000 around 10 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. On the picture 2 Lendahand employees that recently visited EFC.
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)
With this investment of EUR 150,000 around 10 chicken farmers can receive a loan so they will be able to increase production by applying modern farming procedures and build better facilities.
To bring changes in the lives of the poor agriculture-based peoples like poultry farmers through their sustainable livelihood development and improvement of lifestyle.
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
|Company name||Entrepreneur Financial Centre 22|
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
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.
Related blog posts
- One of the cooperatives that get's funding with EFC is a taxi park in Uganda. Read here about the importance of decent transportation in emerging markets.
- We even made an Impact Explainer video about the subject, watch here.
- Wondering which other microfinance institutions we have in our portfolio? Check them out here.
- With this investment 10 jobs are created
- With this investment 35 lives are improved