Verkefnið

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 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.

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