UGAFODE Microfinance Limited is a Winner of the 2019 Uganda Responsible Investment Award (URI Award) held on 22nd November 2019 at Imperial Royale Hotel Kaampala during a High Level Uganda Responsible Investment Summit and Award Ceremony presided over by H.E Yoweri Kaguta Museveni President of the Republic of Uganda and Hon Evelyn Anite Minister of State for Privatisation and Investment. The 2019 Uganda Responsible Investment Summit and Award Ceremony was organised by Public Opinions and Office of the Minister of State for Privatisation and Investment. The award is offered to Companies and organisations which promote and uphold International Best Standards and Practices and have made tremendous contributions towards attainment of Uganda Vision 2040 and the United Nations Sustainable Development Goals.
UGAFODE MICROFINANCE was founded in 1994.It has 310 Employees with 248 below 35 Years. This Microfinance has the friendliest Loaning Terms favoring young Ugandans to access Affordable Financial Services. It is led by Mr. Shafi Nambobi who is very passionate on youth and Women Empowerment. UGAFODE has a total Net worth of 57.4 Billion Shillings as of 22nd November 2019 with an annual Turnover of 16.6 Billion shillings and annual Taxi remittance of 517 Million Shillings. UGAFODE allocate an annual 150 Million Shillings into productive corporate Social Responsibility (CSR).
UGAFODE Microfinance Limited was incorporated in 1994 as a Non – Governmental Organization under the name of Uganda Agency for Development Limited (UGAFODE); an NGO at the time to provide primary affordable financial services to its customers.
In September 2010, UGAFODE Microfinance Limited was incorporated as a Company Limited by shares in preparation to transform into an MDI with expanded shareholding from local investors with Uganda Agency for Development Limited (UGAFODE) transferring all its assets and liabilities to the new company.
UGAFODE Microfinance Limited is now a regulated Financial Institution and was licensed by the Central Bank of Uganda to provide focused quality financial services and a wide array of Quality Financial Products to its clients in the urban, peri-urban and rural areas of Uganda to meet the ever-changing needs of its clients.
UGAFODE’s operations are backed up by a strong shareholding muscle that guarantees assurance of business continuity as well as commitment to have the client’s best interests as priority. UGAFODE shareholding is held by five shareholders.
OUR VISION
To be the preferred financial solutions provider in the provision of services that yield improved income in every household served.
OUR MISSION
To transform the lives of our customers economically and socially by providing to them inclusive financial solutions
OUR CORE VALUES
- Integrity
- Respect
- Team work
- Innovation
OUR LOAN PRODUCTS