EFC Uganda Limited

EFC Uganda LimitedCompany type| Private

|

Industry| Financial services
Founded| 2012
Headquarters| EFC House, Plot 45 Kira Road, Kamwokya,
Kampala, Uganda

Key people

| Charles Nalyaali
Chairman<brMichael Ssekyondwa
Managing Director
Products| Loans, savings
Total assets| UGX:112.8 billion (2021)

Number of employees

| 136 (2021)
Website| efcug.com

EFC Uganda Limited (EFCUL), also known as EFC Uganda, is a microfinance deposit-taking institution (MDI) in Uganda whose license was withdrawn and liquidated by Bank of Uganda on 19 January 2024.[1]

## Location[edit]

The headquarters of EFCUL are located at Plot 45 Kira Road, Kamwokya - Kololo Kololo Hill in the Kampala Central Division, about 3.5 kilometres (2 mi) north of the central business district of Kampala, Uganda's capital and largest city.[2] The coordinates of the institution's headquarters are 00°20'12.0"N, 32°35'15.0"E (Latitude:0.336667; Longitude:32.587500).[3]

## Overview[edit]

The institution opened in Uganda in June 2012 as Entrepreneurs Financial Center Limited, with one branch in Ndeeba in the Lubaga Division of Kampala.[4] In November 2014, EFCUL was awarded an MDI banking license by the Bank of Uganda, adopting the name EFC Uganda Limited.[5] As of December 2021, EFCUL owned assets of UGX:112.8 billion, with shareholders' equity of UGX:12.982 billion. At that time, the institution employed 136 staff.[6] EFCUL focuses on financing micro, medium, and small enterprises.[7] In December 2015, EFCUL received a loan of UGX:10 billion for onward lending to micro, small, and medium-sized businesses.[8]

## Shareholding[edit]

As of August 2016, the shareholding in the stock of the company was as depicted in the table below:[9]

EFC Uganda Limited Stock Ownership  Rank | Name of Owner | Percentage Ownership

|
|

1 | Développement international Desjardins of Canada |
2 | AfricInvest Financial Sector Limited of Mauritius |
3 | Uganda Gatsby Trust of Uganda |
4 | BIO of Belgium |
5 | Bamboo Financial Inclusion Fund of Mauritius |
6 | ASN-Novib Microcredit Fund of the Netherlands |
7 | EFC Uganda Employee Stock Ownership Fund[4] |
8 | EFC Uganda Customer Stock Ownership Fund[4] |
| Total | 100.00

## Branches[edit]

As of December 2015[update], the institution maintained networked branches at the following locations:[10]

1. Kololo Branch - Ground Floor, Acacia Place Building, 6 Acacia Avenue, Kololo, Kampala
2. Ndeeba Branch - Master Wood Plaza, 1156 Kampala-Masaka Road, Ndeeba, Kampala Main Branch
3. Kireka Branch - 1525 Kampala-Jinja Road, Kireka
4. Nansana Branch - Kampala-Hoima Road, Nansana
5. Nateete Branch - 1396 Kampala-Masaka Road, Nateete
6. Mukono branch

## See also[edit]

* Banking in Uganda
* List of banks in Uganda
* FINCA Uganda Limited
* Pride Microfinance Limited
* UGAFODE Microfinance Limited

## References[edit]

1. ^ "BoU closes EFC Uganda Limited". Monitor. 2024-01-19. Retrieved 2024-01-19.
2. ^ Globefeed.com (12 August 2016). "Distance between Post Office Building, Kampala Road, Kampala, Central Region, Uganda and Riders' Lounge, Kampala, Uganda". Globefeed.com. Retrieved 12 August 2016.
3. ^ Google (12 August 2016). "Location of the Headquarters of EFC Uganda Limited" (Map). Google Maps. Google. Retrieved 12 August 2016.
4. ^ a b c EFCUL (12 August 2016). "EFC Uganda: Who We Are". Kampala: EFC Uganda Limited (EFCUL). Retrieved 12 August 2016.
5. ^ BOU (30 June 2015). "Bank of Uganda Annual Report for the Period 1 July 2014 Until 30 June 2015" (PDF). Kampala: Bank of Uganda (BOU). Archived from the original (PDF) on 20 August 2016. Retrieved 12 August 2016.
6. ^ Lafond, Claude (31 December 2015). "Managing Director's Message". Kampala. Retrieved 12 August 2016.
7. ^ EFC Uganda Limited (27 June 2016). "EFC Uganda Limited: Advertisement for Three Staff Positions". New Vision. Kampala. Retrieved 12 August 2016.
8. ^ Mark Keith Muhumuza (4 December 2015). "SMEs to benefit from Shs10b Dutch government loan". Daily Monitor. Kampala. Retrieved 12 August 2016.
9. ^ EFCUL (12 August 2016). "EFC Uganda Limited: List of Investors". Kampala: EFCUL. Retrieved 12 August 2016.
10. ^ EFCUL (12 August 2016). "EFC Uganda: About Us: Contact Us". Kampala: EFC Uganda Limited (EFCUL). Retrieved 12 August 2015.

## External links[edit]

* Website of EFC Uganda Limited

* v
* t
* e

Kampala District

Capital: Kampala

Divisions|

* Kampala Central Division
* Kawempe Division
* Lubaga Division
* Makindye Division
* Nakawa Division

Neighborhoods|

* Banda
* Bugoloobi
* Bukoto
* Busega
* Butabika
* Bwaise
* Ggaba
* Kabalagala
* Kamwookya
* Kansanga
* Kaleerwe
* Kanyanya
* Kasubi
* Katwe
* Kawaala
* Kawempe
* Kibuli
* Kibuye
* Kigoowa
* Kikaaya
* Kisaasi
* Kiwaatule
* Kulambiro
* Kololo
* Kyambogo
* Kyebando
* Lubaga
* Lungujja
* Luzira
* Makerere
* Makindye
* Mbuya
* Mengo
* Mpererwe
* Mulago
* Munyonyo
* Muyenga
* Naakulabye
* Naguru
* Najjanankumbi
* Nakasero
* Nakawa
* Nakawa–Naguru Estates
* Namirembe
* Namungoona
* Namuwongo
* Nateete
* Ndeeba
* Nsambya
* Ntinda
* Old Kampala
* Port Bell
* Wandegeya

Banking|

* Bank of Uganda
* Uganda Deposit Protection Fund
* ABC Bank (Uganda)
* Absa Bank Uganda Limited
* Bank of Africa Uganda Limited
* Bank of Baroda Uganda Limited
* Bank of India (Uganda)
* DFCU Group
* Cairo Bank Uganda
* Centenary Bank
* Citibank
* DFCU Bank
* Diamond Trust Bank
* Ecobank
* Equity Bank
* Exim Bank (Uganda)
* Finance Trust Bank
* Guaranty Trust Bank
* Housing Finance Bank
* I&M Bank Uganda
* KCB Bank Uganda Limited
* NCBA Bank Uganda
* Opportunity Bank Uganda Limited
* PostBank Uganda
* Stanbic Bank Uganda Limited
* Standard Chartered Uganda
* Tropical Bank
* United Bank for Africa
* East African Development Bank
* Uganda Development Bank
* Pride Microfinance Limited
* EFC Uganda Limited
* FINCA Uganda Limited
* UGAFODE Microfinance Limited
* Exodus Sacco
* Mercantile Credit Bank
* Letshego Microfinance Uganda
* Top Finance Bank Uganda
* Yako Microfinance Limited

Industry|

* Aya Group
* Cipla Quality Chemical Industries Limited
* FI Holdings–House of Dawda Group
* Mukwano Group
* Kiira Motors Corporation
* Sarrai Group

Media|

* Daily Monitor
* New Vision
* New Vision Group
* The Independent (Uganda)
* The Observer (Uganda)

Information Technology|

* Airtel Uganda
* K2 Telecom
* MTN Uganda
* Uganda Communications Commission
* Uganda Telecommunications Corporation Limited
* Vodafone Uganda

Economy|

* Dott Services
* National Housing and Construction Company
* Tirupati Development Uganda Limited
* Insurance Regulatory Authority of Uganda
* National Food and Drug Authority
* National Planning Authority
* National Identification and Registration Authority
* National Social Security Fund
* National Water and Sewerage Corporation
* Uganda Securities Exchange
* Uganda Investment Authority
* Ruparelia Group
* Kyagalanyi Coffee Limited
* Brookside Dairy Limited
* Jesa Farm Dairy Limited
* Uganda Retirement Benefits Regulatory Authority
* Uganda Land Commission
* Capital Markets Authority of Uganda
* Uganda Coffee Development Authority
* ROKO Construction Company
* Uganda Business Facilitation Centre

Transport|

* Uganda Air Cargo
* Uganda Airlines
* Kampala Airport
* Uganda National Roads Authority
* Entebbe–Kampala Expressway
* Kampala–Jinja Expressway
* Kampala–Jinja Highway
* Kampala–Entebbe Road
* Kampala–Gayaza Road
* Kampala–Bombo Expressway
* Kampala–Busunju Expressway
* Kampala–Mpigi Expressway
* Kampala–Masaka Road
* Kampala–Mityana Road
* Kampala–Hoima Road
* Kampala Northern Bypass Highway
* Kampala Southern Bypass Highway
* Kampala Outer Beltway
* Tondeka Metro Bus Service

Energy|

* Umeme
* Electricity Regulatory Authority
* Uganda National Oil Company
* Uganda Refinery Holding Company
* Uganda National Pipeline Company
* Petroleum Authority of Uganda
* Uganda Electricity Generation Company Limited
* Uganda Electricity Transmission Company Limited
* Uganda Energy Credit Capitalisation Company

Notable
landmarks|

* Afrexim Bank House, Kampala
* Bulange
* Christ the King Catholic Church
* Uganda Parliament Buildings
* Kampala Capital City Authority Complex
* DFCU House
* Kampala Protea Hotel
* Kampala Hilton Garden Inn
* Kampala Hilton Hotel
* Kampala Serena Hotel
* Kampala Sheraton Hotel
* Imperial Hotels Group
* Imperial Royale Hotel
* Grand Imperial Hotel
* Janani Luwum Church House
* Kampala Kingdom Hotel
* Kampala Speke Hotel
* Mapeera House
* Movement House
* Munyonyo Commonwealth Resort
* Thobani Centre
* Speke Resort and Conference Center
* East African Development Bank Building
* Bank of Uganda Building Complex
* Mengo Palace
* Kabaka's Place Banda
* Namirembe Cathedral
* Rubaga Cathedral
* Makerere University Main Campus
* National Water and Sewerage Corporation Headquarters Building
* Kampala Tower
* Hotel Africana
* Kibuli Mosque
* Old Kampala Mosque
* Uganda Inspectorate of Government Towers
* Uganda Ministry of Education Complex
* Uganda Museum
* Uganda National Cultural Centre
* Uganda National Records Centre and Archives
* Kasubi Tombs
* DFCU House
* Pension Towers
* JLOS House Project
* Roman Catholic Archdiocese of Kampala

Education|

* Aga Khan University, Kampala
* Cavendish University Uganda
* Clarke International University
* Habib Medical School
* Institute of Petroleum Studies Kampala
* International Health Sciences University
* International University of East Africa
* ISBAT University
* Kampala International School
* Kampala University
* Kibuli Secondary School
* Kitante Hill Secondary School
* Kololo Senior Secondary School
* Kyambogo University
* Law Development Centre
* Makerere College School
* Makerere University
* Makerere University Business School
* Mengo Senior School
* Nabisunsa Girls' Secondary School
* Nakawa Vocational Training Institute
* Nexus International University
* Rubaga Community School
* Stafford University Uganda
* St. Augustine International University
* St. Lawrence University
* Uganda Christian University School of Medicine
* Team University
* Uganda Industrial Research Institute
* Uganda Management Institute
* Uganda Martyrs University School of Medicine
* Uganda National Entrepreneurship Development Institute
* Uganda Technology and Management University
* Victoria University Uganda
* Uganda National Council for Higher Education

Health|

* Aga Khan University Hospital, Kampala
* Butabika Hospital
* Case Medical Centre
* International Hospital Kampala
* Kadic Hospital
* Kampala Hospital
* Kampala Medical Chambers Hospital
* Kawempe General Hospital
* Kibuli Hospital
* Kiruddu General Hospital
* Lubaga Hospital
* Makerere University Hospital
* Mbuya Military Hospital
* Mengo Hospital
* Mulago Hospital
* Mulago Women's Referral Hospital
* Murchison Bay Hospital
* Upper Mulago Regional Referral Hospital
* Nakasero Hospital
* Naguru General Hospital
* Nsambya Hospital
* Paragon Hospital
* Uganda Cancer Institute
* Uganda Heart Institute
* Uganda Medical and Dental Practitioners Council
* Women's Hospital International and Fertility Centre
* Galilee Community General Jewish Hospital of Uganda
* International Medical Group
* Uganda Joint Medical Store

Legal|

* A.F. Mpanga Advocates
* ENSafrica
* Kampala Associated Advocates
* Kasirye Byaruhanga and Company Advocates
* Kateera & Kagumire Advocates
* Katende Ssempebwa & Company Advocates
* Kigozi Ssempala Mukasa Obonyo Advocates
* Ligomarc Advocates
* Sebalu & Lule Advocates

Environment|

* National Environment Management Authority of Uganda

Notable people|

* Apolo Nsibambi
* Nasser Sebaggala
* David Serwadda
* Fred Ruhindi
* John Ssebaana Kizito
* Bulaimu Muwanga Kibirige
* Erias Lukwago
* Ian Clarke
* Jennifer Musisi
* Josephine Nambooze
* Maria Kiwanuka
* Laurence Sematimba
* Joseph Kizito
* Justinian Tamusuza
* Robert Ssejjemba
* Eugene Sseppuya
* Phillip Ssozi
* Sudhir Ruparelia
* Wasswa Serwanga
* Yusef Sozi
* Margaret Zziwa
* Beti Kamya-Turwomwe
* Moses Matovu
* Mohammed Hamid
* Hasmukh Dawda

00°18′37″N 32°34′37″E﻿ / ﻿0.31028°N 32.57694°E﻿ / 0.31028; 32.57694
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