Entrepreneurs Financial Center (EFC) Uganda provides specialized lending services exclusive to micro and small businesses. It is the third EFC to open in the Sub Saharan region and is dedicated to assisting the underserved market. By giving access to financial services to the lower-income population, EFC is improving living conditions and subsequently, contributing to wealth creation in the region. The loan from Hivos-Triodos Fund and Triodos Sustainable Finance Foundation will support the expansion of EFC Uganda in the upcoming years.
KEY INDICATORS 31 December 2015:
- number of loan clients: 952
- percentage female clients: 31%
- percentage rural clients: 0%
- average loan amount: EUR 5,096
- number of savings clients: -
Whoever you are, and wherever you live in the world, you are likely to want permanent access to financial services. Microfinance banks play a crucial role providing access to finance to an increasing number of people living on low-incomes. We finance microfinance institutions because they help to build inclusive financial sectors, where the majority of people have access to financial services, leading to a sustainable basis for balanced social and economic development.