Our mission is to be a leading provider of financial services to promote holistic transformation of the community and maximize shareholders' value. We enable low income entrepreneurs to increase their incomes through participation in a loan program that fosters good business ethics and values; ... Read more
Our mission is to be a leading provider of financial services to promote holistic transformation of the community and maximize shareholders' value. We enable low income entrepreneurs to increase their incomes through participation in a loan program that fosters good business ethics and values; and which encourages an attitude of self-reliance and democratic participation so that they are capable of determining and meeting their development needs. Hide
Background and Main Challenges:
Faulu Uganda was founded in 1995 as a program of Food for the Hungry International (FHI). In 1999, it re-organized from an NGO to a for-profit limited liability company. As it becomes profitable (2002) Faulu Uganda aims to transform (2003) into a regulated institution that will become the most ... Read more
Faulu Uganda was founded in 1995 as a program of Food for the Hungry International (FHI). In 1999, it re-organized from an NGO to a for-profit limited liability company. As it becomes profitable (2002) Faulu Uganda aims to transform (2003) into a regulated institution that will become the most profitable and largest, by loan portfolio, best practice micro-finance institution in Uganda within 5 years with a targeted minimum return on equity of 20% beginning in 2002 increasing to 30% by 2004. Hide
Address:
7A Acacia Avenue PO Box 33513
Kampala
Uganda
Phone:
256 41 236 724
Fax:
256 41 348 724
Email:
akakuru [at] faulu [dot] com
Main Funding Sources:
Grants
Loans
Shareholder Capital
Products and Services:
Loans
Insurance
Training and Consulting
Products:
Faulu Uganda offers commercial loans, insurance products as well as training and consulting services.
MFI Report
