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TodayThursday, April 30, 2026

MDIs in Uganda

Left-Right: Opportunity Bank Board Chairman, Phillip Karugaba, Owen Spencer Amanya, the Managing Director and Geriga Christopher, the Executive Director.

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

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 reveal. This
January 29, 2024
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INCA Uganda is led by a team of experienced professionals with over 200 years of combined financial services experience. PHOTO/Courtesy

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?

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 the onset
August 12, 2022
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Over and above being the first Microfinance Deposit Taking Institution (MDI) to be licensed by the Bank of Uganda in 2004, FINCA is also one of a few MDIs with its own home. This Head Office, in Kololo, was commissioned in 2015 and also hosts the Acacia Branch. PHOTO/Courtesy.

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

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 Bolivian farmers
August 9, 2022
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