FINCA Uganda Limited
| Company type | Private |
|---|---|
| Industry | Financial services |
| Founded | 1992 |
| Headquarters | Plot 11B Acacia Avenue, Kampala, Uganda |
Key people | James Onyutta managing director |
| Products | Loans, savings, Money Transfers |
| Total assets | UGX:128.51 billion |
Number of employees | 550+ |
| Website | Homepage |
FINCA Uganda Limited, also known as FINCA Uganda, is a microfinance deposit-accepting institution (MDI) in Uganda. It is licensed and regulated by the Bank of Uganda, the central bank and national banking regulator.[1]
Location
[edit]The headquarters of FINCA Uganda Limited are located at Plot 11B Acacia Avenue in Kampala Central Division, one of the five administrative divisions of the city of Kampala, Uganda's capital and largest city, about 5 kilometres (3 mi) north of the city centre.[2] The coordinates of the company headquarters are 00°20'07.0"N, 32°35'16.0"E (Latitude:0.335278; Longitude:32.587778).[3]
Overview
[edit]FINCA Uganda was licensed as an MDI in 2004, although the institution has been in the country since 1992.[4]
FINCA provides financial services to Uganda's lowest-income entrepreneurs with the aim of alleviating poverty through lasting solutions that help people to create jobs, build assets, and improve their standard of living. As an MDI, FINCA Uganda is a Tier III Financial Institution. It is therefore prohibited from dealing in foreign exchange and cannot issue checking accounts.[5]
As of December 2015, the institution's asset base was UGX:128.51 billion, with shareholders' equity of UGX:42.67 billion.[6]
FINCA Uganda was one of the first financial institutions in Uganda to introduce biometric technology in 2011.[7]
Ownership
[edit]It is a subsidiary and member organization of FINCA International, headquartered in the United States.[8]
See also
[edit]
- Banking in Uganda
- List of banks in Uganda
- List of microfinance deposit-taking institutions in Uganda
- UGAFODE Microfinance Limited
- Pride Microfinance Limited
References
[edit]- ^ BOU (5 September 2016). "List of Licensed Microfinance Deposit-Taking Institutions (MDIs), As at 5 September 2016" (PDF). Kampala: Bank of Uganda. Retrieved 24 July 2017.[permanent dead link]
- ^ "Distance between Clock Tower, Kampala, Central Region, Uganda and FINCA ATM, Kampala, Central Region, Uganda" (Map). Google Maps. Retrieved 13 January 2021.
- ^ "Location of the Headquarters of FINCA Uganda Limited" (Map). Google Maps. Retrieved 12 August 2016.
- ^ FINCA (2013). "FINCA International: Who We Are: History". Washington, D. C.: FINCA International (FINCA). Retrieved 12 August 2014.
- ^ Michael Dzineku; et al. (2009). "Uganda: Wharton Financial Institutions Center" (PDF). Philadelphia, Pennsylvania, USA: Wharton School of the University of Pennsylvania. Archived from the original (PDF) on 12 October 2016. Retrieved 12 August 2016.
- ^ FINCA Uganda (12 April 2016). "Summarised Audited financial statements for the year ended 31 December 2015" (PDF). Kampala: FINCA Uganda Limited. Retrieved 13 August 2016.
- ^ Kulabako, Faridah (6 May 2011). "Technology Spurring Innovations In Banking". Daily Monitor Mobile. Archived from the original on 10 June 2015. Retrieved 3 July 2014.
- ^ Vision Reporter (12 November 2015). "FINCA Launches Offices". New Vision. Kampala. Retrieved 13 August 2016.
