MFI ReportMission:
To provide sustainable financial services to micro-entreprenuers and other economically active persons in Southern Sudan with a special effort to reach women and rural enterprises
Background and Main Challenges:
Sudan Microfinance Institution (SUMI) opened for operations in Southern Sudan in July 2003. Funding was got from the USAID and the project was implemented by Chemonics International. From one branch in July, SUMI to date has five branches, over, 8,000 clients and three loans products. The main ... Read more
Sudan Microfinance Institution (SUMI) opened for operations in Southern Sudan in July 2003. Funding was got from the USAID and the project was implemented by Chemonics International. From one branch in July, SUMI to date has five branches, over, 8,000 clients and three loans products. The main challenge facing the institution at the moment is access to Loan Capital Funds. While at the start clients were skeptical on assessing financial services and were more relief/aid oriented, today the demand is more the institution can meet. If this need is met, we believe the institution willl more that triple its clients and outstanding portfolio. Hide
Address:
P.O.Box 227 Juba, Sourthern Sudan, Malakia, Albino Road
249
Centra Equatorial St
South Sudan
Phone:
+249 (0) 955 225 266
Email:
sumicrofin [at] yahoo [dot] com
Main Funding Sources:
Grants
Products and Services:
Loans
Fund Transfer Services
Services Provided:
Business Development Services
Looking for (Investment Types):
Donations
Capacity Building Grants
Loans in US$
% Operations Comprised by MF:
91 - 100
Date established:
Jan 1 2003
FYE:
31-Oct
Current Legal Status:
NBFI
Regulated:
no
At a glance
- Assets
- Gross Loan Portfolio
- Equity
Contacts
-
Lokule Edward YengiCEOloponi2002 [at] yahoo [dot] com00249 (0) 910 104 551
-
Michael Charles Abdallahoperational managermikepamba [at] yahoo [dot] com+256 (0) 477120444
-
Vincent OywakCEOvinzoywak [at] hotmail [dot] com
