Founded 2005 | Industry Financial Services Parent organization Letshego Holdings Limited | |
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Key people Geoffrey Kitakulechief executive officer Products Loans, savings accounts Website www.letshego.com/country/uganda/ Total assets 36.4 million USD (UGX:91 billion, 2013) | ||
Letshego Microfinance Uganda, also Letshego Microfinance Uganda Limited (LMUL), whose official name is Letshego Uganda Limited, is a Tier IV microfinance institution in Uganda.
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Location
LMUL's headquarters are located at 9 Wampewo Avenue on Kololo Hill, a business and residential neighborhood within the city of Kampala, Uganda's capital. This is approximately 3 kilometres (2 mi) north-east of the city center. The coordinates of the institution's headquarters are 00°19'23.0"N, 32°35'47.0"E (Latitude:0.323056; Longitude:32.596389).
Overview
LMUL is a microfinance company that offers SME loans, mortgage loans, and education loans, among other forms of lending. The company also offers savings accounts. The institution has plans to transform into a deposit-taking microfinance institution.
As of December 2013, LMUL's assets were valued at UGX:91 billion (US$36.4 million) and it had a loan portfolio of UGX:58 billion ($23.2 million). Total customer deposits stood at UGX:43 billion ($17.2 million). At that time, the institution had 32 branches.
History
The institution was founded in 2005 as Micro Provident Uganda Limited. In 2012, the business re-branded to Letshego Uganda Limited. In 2013, Letshego Holdings Limited acquired control of Micro Africa Limited, a Kenya-based microfinance institution with subsidiaries in Kenya, Rwanda, Uganda, and South Sudan. The two operations in Uganda were merged to form Letshego Microfinance Uganda Limited.
Ownership
The company is majority owned by Letshego Holdings Limited, a publicly traded holding company of financial services subsidiaries in Botswana, Burundi, Kenya, Lesotho, Mozambique, Namibia, Nigeria, Rwanda, Swaziland, Tanzania, and Uganda.
Branch network
The branch network of LMUL included the following locations as of August 2016.
- Kololo Branch - 9 Wampewo Avenue, Kololo, Kampala Head Office
- Arua Branch - 47 Adumi Road, Arua
- Apac Branch - Hospital Road, Apac
- Arua Park Branch - Shop 7&8, Arua Park Mall, Kampala
- Bundibugyo Branch - 2 Vanilla Street, Bundibugyo
- Bushenyi Branch - 9 High Street, Bushenyi
- Tororo Branch - 5-17 Nagongera Road, Tororo
- Gulu Branch - 13 Awere Road, Gulu
- Iganga Branch - 4B Obojja Road, Iganga
- Ibanda Branch - 12 Bufunda Road, Ibanda
- Jinja Branch 1 - 54 Iganga Road, Jinja
- Jinja Branch 2 - 51-53 Lubas Road, Jinja
- Soroti Branch - 59B Gweri Road, Soroti
- Katwe Branch - Katwe Road, Katwe, Kampala
- Mbale Branch - BCU Building, 12 Manafwa Road, Mbale
- Kamuli Branch - 14 Gabula Kitimbo Road, Kamuli
- Kabwohe Branch - 67 Mbarara-Ishaka Road, Kabwohe
- Kajjansi Branch - 383 Kampala-Entebbe Road, Kajjansi
- Kaleerwe Branch - 220 Kampala-Gayaza Road, Kaleerwe, Kampala
- Kanungu Branch - Independence Road, Kanungu
- Kasese Branch - Rwenzori Road, Kasese
- Kayunga Branch - Busaana Road, Kayunga
- Kibaale Branch - 1 Isuunga Road, Kibaale
- Kiboga Branch - Kampala-Hoima Road, Kiboga
- Kireka Branch - 336 Kampala-Jinja Road, Kireka
- Kisozi Complex Branch - 8 Kisozi Complex, Kyaggwe Road, Nakasero, Kampala
- Kisoro Branch - 30 Kabale Road, Kisoro
- Kitgum Branch - 107 Uhuru Drive, Kitgum
- Kotido Branch - 20 London Road, Kotido
- Kyotera Branch - 238 Bukoba Road, Kyotera
- Kumi Branch - 14 Oumo Road, Kumi
- Lira Branch - 114 Oyam Road, Lira
- Luweero Branch - 739 Kampala-Gulu Road, Luweero
- Masaka Branch - 16 Edward Street, Masaka
- Masindi Branch - 91 Masindi Port Road, Masindi
- Fort Portal Branch - 3 Rukidi III Street, Fort Portal
- Mayuge Branch - 11 Bugade Road, Mayuge
- Kapchorwa Branch 1 - 32A Kapchorwa-Mbale Road, Kapchorwa
- Kapchorwa Branch 2 -23 Gogonya Road, Kapchorwa
- Mbarara Branch - 16-18 Bananuka Drive, Mbarara
- Mityana Branch - 425 Mityana Road, Mityana
- Moroto Branch - Moroto-Napak Road, Moroto
- Moyo Branch - Laura House, Besia Village, Moyo
- Mpigi Branch - 195 Butambala Road, Mpigi
- Mukono Branch - 3 Kampala-Jinja Road, Mukono
- Nansana Branch - Masitowa Building, 5390 Kampala-Hoima Road, Nansana
- Nateete Branch - Marvin House, 962 Kampala-Masaka Road, Nateete
- Nebbi Branch - 19 Arua Road, Nebbi
- Ntungamo Branch - 8 Kabale Road
- Rukungiri Branch - 31 Rubabo Road, Rukungiri
- Kabale Branch - 88 Kisoro Road, Kabale
- Koboko Branch - Samuel Baba Road, Koboko