UGAFODE Leads the Way in Refugee Financing: A Commitment to Economic Empowerment (+256) 800 223 900

UGAFODE’s International Partners Are A Cornerstone Commitment To Its Fiduciary Stability. This Is Evident In Its Strong Financial Backing From Various Reputable Partners. This stability Ensures That The Bank Can Continue To Offer Reliable Services And Innovative Financial Products, Even In Challenging Economic Times.

UGAFODE Microfinance Limited (MDI) mini-branch in Nakivale Refugee Settlement in Uganda is one of the framework of a programme to foster financial inclusion of refugees launched by the UN Refugees Agency, the Swedish International Development Cooperation Agency and the Grameen Credit Agricole Foundation.

Uganda Today Edition: UGAFODE Leads the Way in Refugee Financing: A Commitment to Economic Empowerment (+256) 800 223 900

Kampala, Uganda – UGAFODE Microfinance Limited has emerged as a pioneer in refugee financing, offering a range of inclusive financial solutions designed to transform the lives of refugees and foster sustainable economic development. Recognizing the critical role of money lending in the sustainability of banking institutions, UGAFODE has tailored unique loan products to meet the diverse needs of its clients, including refugees.

Grotesque road escapement in Kisoro district western Uganda.
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Comprehensive Loan Products

UGAFODE’s loan portfolio is renowned for its variety and adaptability, catering to different financial needs and empowering customers to achieve their goals. The key loan products include:

  1. Asset Acquisition and Salary Loans: These loans provide customers with the necessary funds to acquire essential assets or manage their finances until the next payday, ensuring stability and growth.
  2. Business Loans: Designed to support entrepreneurs, these loans help in starting or expanding businesses, promoting economic activity, and creating job opportunities within refugee communities.
  3. Edu Finance Loans: Recognizing the importance of education, UGAFODE offers loans specifically for educational purposes, enabling families to invest in the future of their children.
  4. Housing Loans: These loans assist customers in building or purchasing homes, contributing to better living conditions and long-term security.
UGAFODE’s inclinations toward supporting agriculture is eminent towards refugee poultry breeding.

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Money Transfer Services

UGAFODE also provides efficient money transfer services, allowing customers to send and receive money at any of their branches nationwide. This service is vital for refugees who need to transfer funds quickly and securely, ensuring their financial needs are met regardless of their location.

Competitive Savings Products

UGAFODE’s savings products are renowned for their competitive interest rates, offering a safe and profitable way for customers to save money. These products are particularly beneficial for refugees, providing them with a secure place to grow their savings and plan for the future.

Fiduciary Stability and Financial Partners

UGAFODE’s commitment to fiduciary stability is evident in its strong financial backing from various reputable partners. This stability ensures that the bank can continue to offer reliable services and innovative financial products, even in challenging economic times.

Transforming Refugee Lives

UGAFODE’s dedication to inclusive financial solutions has made a significant impact on the lives of refugees in Uganda. By offering tailored loan products, competitive savings options, and efficient money transfer services, UGAFODE has empowered refugees to improve their economic standing and achieve greater financial independence.

Since most of the refugees are women, UGAFODE is putting a lot of efforts in uplifting the economic transformation among women

“We believe in providing financial solutions that cater to the unique needs of refugees, helping them build a better future,” said a representative from UGAFODE. “Our commitment to inclusive banking ensures that everyone, regardless of their background, has access to the financial resources they need to thrive.”

UGAFODE’s innovative approach to refugee financing and its robust product offerings underscore its role as a leader in the microfinance sector. By focusing on the sustainability of its banking operations and the empowerment of its customers, UGAFODE continues to drive economic development and improve the lives of refugees across Uganda.

For more information about UGAFODE’s products and services, visit www.ugandatoday.co.ug. www.ugandatoday.co.ug/ugafode

 

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Chris Kato

Uganda Today is a source of analytical, hard and entertaining news for audiences of all categories in Uganda and internationally. Uganda Today cut its teeth in Ugandan media industry with its print copies hitting the streets in October 2014. We are heavily indebted to all our publics and stakeholders who support our cause in one way or the other. To comment on our stories, or share any news or pertinent information, please follow us on: Facebook: Uganda Today Twitter: @ugtodaynews WhatsApp:+256 702 239 337 Email: ugandatodayedition@gmail.com Website: https://www.ugandatoday.co.ug

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