MDIs in Uganda Archives – CEO East Africa

EXCLUSIVE: Opportunity Bank to downgrade license to become a Micro-finance Deposit-Taking Institution

Muhereza KyamuteteraBusiness & Markets News & Analysis The Big StoryJanuary 29, 2024January 30, 2024

Hardly 5 years, after being granted a tier-1 commercial banking license, Opportunity Bank is downgrading back to a Tier 2 Microfinance Deposit-taking Institution (MDI), CEO East Africa Magazine can exclusively…

FINCA@30: Who are the 13 top executives leading FINCA’s mission to provide innovative and impactful financial services to Uganda’s low-income earners?

Muhereza KyamuteteraBanking & Financial Services News & Analysis The Big StoryAugust 12, 2022September 9, 2022

In line with its purpose of being an “unconventional community-based bank that responsibly provides innovative and impactful financial services”, FINCA has also maintained health profitability. For example, in 2019, at…

30 years of lifting low-income communities out of poverty through innovative and impactful financial services— the story of FINCA Uganda

Muhereza KyamuteteraBusiness & Markets The Big StoryAugust 9, 2022August 9, 2022

The Foundation for International Community Assistance, now commonly known as FINCA was founded by Mr. Hatch and Rupert Scofield as a Village Banking™ model- a concept that would enable poor…