EFC RECEIVES GRANT FROM FMO

EFC Uganda Receives Grant from FMO

EFC Uganda received a EUR 100,000 grant from the Entrepreneurial Development Bank of the Netherlands (FMO). This grant came in addition to a USD 3 million loan issued to EFC in November 2015.

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EFC Discusses Good
Governance Practices
With Other Proxfin-Member
Microfinance Institutions

Good Governance Practices

EFC Uganda discusses good governance practices with other Proxfin-member microfinance institutionsis. EFC is a member of Proxfin, an international network for dialogue and study made up of 26 microfinance institutions from four continents and coordinated by Développement International Desjardins.

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EFC Uganda Team

Each and every one of our EFC Uganda Limited (MDI) team represent the spirit of our company, we regard integrity very highly, we go to great lengths to identify self-starters with diverse experience and skill sets to produce not just an effective workforce, but a well-rounded, talented and complementary team.

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Property Expo 2016

Hon. Prime Minister Dr. Ruhakana Rugunda speaks to EFC Uganda staff at the property Expo 2016. The Expo that was themed “Inspiring Real Estate Innovative & Quality Brands”.

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EFC-Participates-Property-Expo-2016
The Expo that was themed “Inspiring Real Estate Innovative & Quality Brands” attracted hundreds of visitors most of whom were interested in EFC’s Home Improvement Loan.
EFC sees off Henry!
AirSave is the winner of the Startup Cup Uganda for 2016. Mr. Henry and his team will be travelling to Accra Ghana for a regional competition, EFC wish him success all the way to the final stage .
Workshop organized by Uganda Poultry Farmers Association (UPFA)
EFC Business development team was invited to make a presentation at a workshop organized by (UPFA) at Nsambya Sharing hall.
EFC Uganda Limited (MDI) Team
Some of the managers and assistant managers making up EFC Uganda Limited (MDI) team.
News
EFC is in talks with Airsave Uganda, the providers of a digital mobile savings solution for mobile phone users in Uganda. .
EFC
EFC Uganda received a EUR 100,000 grant from the Entrepreneurial Development Bank of the Netherlands (FMO).
EFC Acquires New Headquarters In Kololo
To serve its growing clientele, on 2nd November 2015 EFC Uganda moved its Head Office from Master Wood Plaza in Ndeeba to Acacia Place in Kololo. .
MBABAZI TRACY Operator of Mobile Money Services
Mbabazi Tracy was very excited when EFC Uganda opened its Kololo Branch office, as the mobile money business, the branch is close to her business.
HARRIET NABAGALA
Retail shop owner
HARRIET NABAGALA Retail shop owner
Harriet Nabagala operates a retail shop in her garage at home. “I was surprised that I could get money in such a short period and yet I was new to microfinance! Thanks to this support.
KIMBOWA STEVEN Director, Rock of Joy School
Kimbowa Steven is an educational entrepreneur who owns a school in Lungujja. He came to EFC for a loan. He was advanced the money erecting the fence.
22nd Uganda International Trade Fair
EFC participates in the 22nd Uganda International Trade Fair. The Uganda International Trade Fair is organized by the Uganda Manufacturers Association (UMA).
EFC Limited (MDI) Changes to Reducing/Declining method of Interest calculation.
We have changed our method of interest calculation from FLAT rate to Reducing/Declining Balance, all new loans being subjected to the Reducing balance method.

 

Vision

To be the preferred financial services partner for micro and small entrepreneurs (MSEs) in Uganda.


Mission

To partner with MSEs and increase access to specialized financial services on a permanent basis while contributing to wealth creation, improvement of people’s living conditions and development of Uganda’s private sector.

Our Team

Each and every one of our EFC Uganda Limited (MDI) team represent the spirit of our company, we regard integrity very highly and in this respect, we have a zero tolerance approach to fraud and fraud related practices. We go to great lengths to find self-starters with diverse experience and skill sets to produce not just an effective workforce, but a well-rounded, talented and complementary team.

MBABAZI TRACY Operator of Mobile Money Services
Mbabazi Tracy was very excited when EFC Uganda opened its Kololo Branch office, as the mobile money business, the branch is close to her business.
S. Bernard Furniture Mart Banda
Mr. Ssalongo Bernard director of Trust Furniture Mart Banda ". What struck him most about EFC was how quick we disbursed our loans. ”I was shocked about the interest rates.”
Kadowa Margaret Supermarket Owner
Mrs. Kadowa is a business woman with a high business acumen. She has developed her supermarket business with strategic financial help from EFC Uganda through our Business Loan.

Our Customers

A positive impact on entrepreneurs, their businesses and their communities. EFC Uganda’s growth and success are inseparable from its clients’ own growth and success. By offering them the financial services they need, we are proud to help them reach their full potential and play their essential role in job creation and socio-economic development in Uganda.

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EFC Does It Again
The Health is wealth campaign held at Wandegeya on the 16th April, 2016 registered a high turn up from the public. The event that was graced by medical practitioners, security and media houses.
EFC-Staff-Lend-a Hand to Save Carol
Carol Atuhaire is a young lady who has been battling with throat cancer for the last five years. Carol Who is currently feeding through a tube and doesn’t speak.
EFC Participates in the Kabaka’s Birthday Marathon
EFC Participates in the Kabaka’s Birthday Marathon, The Kabaka birthday run was divided into different distances to cater for different participants. These included; 5km, 10km, and 21km respectively
EFC Sponsors Rotary Cancer Run 2015
EFC was one of the proud sponsors of the recently concluded Rotary Cancer Run 2015 that took place on Sunday 30th August 2015.
 EFC Receives Grant from FMO

EFC Receives Grant from FMO

EFC Uganda received a EUR 100,000 grant from the Entrepreneurial Development Bank of the Netherlands (FMO). This grant came in addition to a USD 3 million loan issued to EFC in November 2015. The agreement signing ceremony took place at the EFC Head Office.

Explore more

EFC Discusses Good Governance Practices With Other Proxfin-Member

EFC Uganda is a member of Proxfin, an international network for dialogue and study made up of 26 microfinance institutions from four continents and coordinated by Développement international Desjardins.

find out more

EFC Team

Each and every one of our EFC Uganda Limited (MDI) team represent the spirit of our company, we regard integrity very highly, we go to great lengths to identify self-starters with diverse experience and skill sets to produce not just an effective workforce, but a well-rounded, talented and complementary team.

Find out more

EFC Participates in the Property Expo 2016

Hon. Prime Minister Dr. Ruhakana Rugunda speaks to EFC Uganda staff at the property Expo 2016. The Expo that was themed “Inspiring Real Estate Innovative & Quality Brands”.

find out more


New & Media

EFC Participates in the Property Expo 2016
The Expo that was themed “Inspiring Real Estate Innovative & Quality Brands” attracted hundreds of visitors most of whom were interested in EFC’s Home Improvement Loan.
EFC sees off Henry!
AirSave is the winner of the Startup Cup Uganda for 2016. Mr. Henry and his team will be travelling to Accra Ghana for a regional competition and we, at the EFC Uganda limited (MDI) wish him success all the way to the final stage .
EFC Sponsor Rotary Cancer Run 2015
Carol Atuhaire is a young lady who has been battling with throat cancer for the last five years. Carol Who is currently feeding through a tube and doesn’t speak dreams of tasting food and hearing her voice someday.
EFC Uganda Limited (MDI) Team.
On 14th April 2016 The EFC Business development team was invited to make a presentation at a workshop organized by Uganda Poultry Farmers Association (UPFA) at Nsambya Sharing hall.
EFC Does it Again
The Health is wealth campaign held at Wandegeya on the 16th April, 2016 registered a high turn up from the public. Over 700 People Received Free Treatment On This Day, The event that was graced by medical practitioners, security and media houses
EFC Receives Grant from FMO
EFC Uganda received a EUR 100,000 grant from the Entrepreneurial Development Bank of the Netherlands (FMO). This grant came in addition to a USD 3 million loan issued to EFC in November 2015. The agreement signing ceremony took place at the EFC Head Office.
EFC Uganda Acquires New
Headquarters In Kololo
To serve its growing clientele, on 2nd November 2015 EFC Uganda moved its Head Office from Master Wood Plaza in Ndeeba to Acacia Place in Kololo. Since its inception in 2012, EFC Uganda has grown both in terms of departments and employees.
EFC is in talks with Airsave Uganda, the providers of a digital mobile savings solution for mobile phone users in Uganda. Under this arrangement, mobile phone users will be able to register with Airsave.
EFC Changes to Reducing/Declining Method of Interest Calculation.
Harriet Nabagala operates a retail shop in her garage at home. Over time she was able to grow the business from her savings. However, when she heard about the Women Market Trader loans at EFC Uganda, she approached the Ndeeba Branch for more information..
KIMBOWA STEVEN
Director, Rock of Joy School
Kimbowa Steven is an educational entrepreneur who owns a school in Lungujja, a Kampala suburb. Faced with a financial challenge as he was trying to secure the school with a fence, he came to EFC Uganda for a loan. He was advanced the money and could quickly complete erecting the fence.

 

Our People

Each and every one of our EFC Uganda Limited (MDI) team represent the spirit of our company: we regard integrity very highly and in this respect, we have a zero tolerance approach to fraud and fraud related practices. We go to great lengths to identify self-starters with diverse experience and skill sets to produce not just an effective workforce, but a well-rounded, talented and complementary team.

Claude Lafond
Claude Lafond has over 28 years’ experience with the Desjardins Group, the leading cooperative financial group in Canada, including 13 years with Développement international Desjardins (DID) which is a world leader in setting up and developing community finance institutions and currently active in 30 countries..
Rachel Tardif
Rachel Tardif is the DID Technical Advisor, Operations . She has worked for the Desjardins Group for over five years. She holds a Bachelor’s degree in Business Administration with specialization in international business from the University of Montréal HEC Business School.
Alain Comeau is DID Technical Advisor, Credit He has over 30 years of experience in the service of savings and credit cooperatives, plus seven years in commercial banking and finance.
Julianna Kayaga is the Human Resource and Administration Manager. She holds a Bachelor’s degree in Industrial and Organisational Psychology together with a Certificate in Human Resource Management and Development.
Charlotte Hope is an enrolled Advocate of the High Court with experience in business law, banking law, human rights and practices, domestic relations and land transactions. She also holds a Bachelor of Laws degree (Honours) and a Post Graduate Diploma in Legal Practice from the Law Development Center.
Sylvia Stellah
Sylvia has over 10 years work experience in the financial services industry. She holds a Bachelor of Arts Degree in Management from Bhopal (Barkatullah) University and a Postgraduate Diploma in Financial Management, from India. Prior to joining the EFC team in 2015, she worked as a Country Operations Manager for Bayport Uganda. She has good expertise in the fields of people and process management, distribution and sales generation, and business development gained through the various stages of her career. .
Brian Simon Katongole is the Internal Auditor . With more than six years’ experience as an accountant, he is a Certified Financial Consultant registered with the Institute of Financial Consultants of Canada, a qualified Chartered Accountant registered with the Association of Certified Chartered Accountants (ACCA, UK), and is pursuing accreditation with the Institute of Certified Public Accountants of Uganda (ICPAU).

 

Customers Impact

EFC Uganda Limited (MDI) offers a wide range of products and financial services that are customized to suit the Ugandan's market. These include access to savings accounts using smart cards as well as commercial and housing loans. Our lending products range in scope from the Market Women Trader Loans, Home Improvement Loans and MSE Loans, while our savings products include Regular Savings Accounts, Premium Savings Accounts and Term Deposit Savings.

Mbabazi Tracy was very excited when EFC Uganda opened its Kololo Branch, as the mobile money business she manages is located nearby. Because the branch was close to her business, it became so convenient for her to do her daily transactions. The interest rates offered on the savings account were attractive and she made up her mind to join the fastest growing Microfinance Institution in Uganda.
Kimbowa Steven is an educational entrepreneur who owns a school in Lungujja, a Kampala suburb. Faced with a financial challenge as he was trying to secure the school with a fence, he came to EFC Uganda for a loan. He was advanced the money and could quickly complete erecting the fence. Students are now very secure because of the fence, thanks to the fast financial intervention from EFC..
Harriet Nabagala operates a retail shop in her garage at home. Over time she was able to grow the business from her savings. However, when she heard about the Women Market Trader loans at EFC Uganda, she approached the Ndeeba Branch for more information. “I was surprised that I could get money in such a short period and yet I was new to microfinance! Thanks to this support..
 
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