EFC Uganda Limited
EFC Uganda Limited, also known as EFC Uganda, is a microfinance deposit-taking institution in Uganda. It is licensed and supervised by the Bank of Uganda, the central bank and national banking regulator. EFCUL lends primarily to small enterprises.
Location
The headquarters of EFCUL are located at 6 Acacia Avenue on Kololo Hill in the Kampala Central Division, about north of the central business district of Kampala, Uganda's capital and largest city. The coordinates of the institution's headquarters are 00°20'12.0"N, 32°35'15.0"E.Overview
The institution opened in Uganda in June 2012 as Entrepreneurs Financial Center Limited, with one branch in Ndeeba in the Lubaga Division of Kampala. In November 2014, EFCUL was awarded an MDI banking license by the Bank of Uganda, adopting the name EFC Uganda Limited. As of December 2015, EFCUL owned assets of UGX:26.8 billion, with shareholders' equity of UGX:5.982 billion. At that time, the institution employed 121 staff. EFCUL focuses on financing micro, medium, and small enterprises. In December 2015, EFCUL received a loan of UGX:10 billion for onward lending to micro, small, and medium-sized businesses.Shareholding
As of August 2016, the shareholding in the stock of the company was as depicted in the table below:| Rank | Name of Owner | Percentage Ownership |
| 1 | Développement international Desjardins of Canada | |
| 2 | of Tunisia | |
| 3 | Uganda Gatsby Trust of Uganda | |
| 4 | BIO of Belgium | |
| 5 | of Mauritius | |
| 6 | ASN-Novib Microcredit Fund of the Netherlands | |
| 7 | EFC Uganda Employee Stock Ownership Fund | |
| 8 | EFC Uganda Customer Stock Ownership Fund | |
| Total | 100.00 |
Branches
, the institution maintained networked branches at the following locations:- Kololo Branch - Ground Floor, Acacia Place Building, 6 Acacia Avenue, Kololo, Kampala
- Ndeeba Branch - Master Wood Plaza, 1156 Kampala-Masaka Road, Ndeeba, Kampala Main Branch
- Kireka Branch - 1525 Kampala-Jinja Road, Kireka
- Nansana Branch - Kampala-Hoima Road, Nansana
- Nateete Branch - 1396 Kampala-Masaka Road, Nateete
- Mukono branch