Letshego Microfinance Uganda

Last updated
Letshego Uganda Limited
Type Private
Industry Financial services
Founded2005 (2005)
Headquarters Kololo, Kampala, Uganda
Key people
Geoffrey Kitakule
chief executive officer [1]
Products Loans, savings accounts
Total assets US$36.4 million (UGX:91 billion) (2013) [2]
Website Homepage

Letshego Microfinance Uganda, (also Letshego Microfinance Uganda Limited (LMUL)), whose official name is Letshego Uganda Limited, is a Tier IV microfinance institution in Uganda.

Contents

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. [3]

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. [3]

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. [4] [5]

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. [6] The coordinates of the institution's headquarters are 00°19'23.0"N, 32°35'47.0"E (Latitude:0.323056; Longitude:32.596389). [7]

Ownership

The company is majority owned by Letshego Holdings Limited, a publicly traded holding company of financial services subsidiaries in Botswana, Burundi, Eswatini, Kenya, Lesotho, Mozambique, Namibia, Nigeria, Rwanda, Tanzania, and Uganda. [5] [8]

Branch network

The branch network of LMUL included the following locations as of August 2016. [9]

  1. Kololo Branch - 9 Wampewo Avenue, Kololo, Kampala Head Office
  2. Arua Branch - 47 Adumi Road, Arua
  3. Apac Branch - Hospital Road, Apac
  4. Arua Park Branch - Shop 7&8, Arua Park Mall, Kampala
  5. Bundibugyo Branch - 2 Vanilla Street, Bundibugyo
  6. Bushenyi Branch - 9 High Street, Bushenyi
  7. Tororo Branch - 5-17 Nagongera Road, Tororo
  8. Gulu Branch - 13 Awere Road, Gulu
  9. Iganga Branch - 4B Obojja Road, Iganga
  10. Ibanda Branch - 12 Bufunda Road, Ibanda
  11. Jinja Branch 1 - 54 Iganga Road, Jinja
  12. Jinja Branch 2 - 51-53 Lubas Road, Jinja
  13. Soroti Branch - 59B Gweri Road, Soroti
  14. Katwe Branch - Katwe Road, Katwe, Kampala
  15. Mbale Branch - BCU Building, 12 Manafwa Road, Mbale
  16. Kamuli Branch - 14 Gabula Kitimbo Road, Kamuli
  17. Kabwohe Branch - 67 Mbarara-Ishaka Road, Kabwohe
  18. Kajjansi Branch - 383 Kampala-Entebbe Road, Kajjansi
  19. Kaleerwe Branch - 220 Kampala-Gayaza Road, Kaleerwe, Kampala
  20. Kanungu Branch - Independence Road, Kanungu
  21. Kasese Branch - Rwenzori Road, Kasese
  22. Kayunga Branch - Busaana Road, Kayunga
  23. Kibaale Branch - 1 Isuunga Road, Kibaale
  24. Kiboga Branch - Kampala-Hoima Road, Kiboga
  25. Kireka Branch - 336 Kampala-Jinja Road, Kireka
  26. Kisozi Complex Branch - 8 Kisozi Complex, Kyaggwe Road, Nakasero, Kampala
  27. Kisoro Branch - 30 Kabale Road, Kisoro
  28. Kitgum Branch - 107 Uhuru Drive, Kitgum
  29. Kotido Branch - 20 London Road, Kotido
  30. Kyotera Branch - 238 Bukoba Road, Kyotera
  31. Kumi Branch - 14 Oumo Road, Kumi
  32. Lira Branch - 114 Oyam Road, Lira
  33. Luweero Branch - 739 Kampala-Gulu Road, Luweero
  34. Masaka Branch - 16 Edward Street, Masaka
  35. Masindi Branch - 91 Masindi Port Road, Masindi
  36. Fort Portal Branch - 3 Rukidi III Street, Fort Portal
  37. Mayuge Branch - 11 Bugade Road, Mayuge
  38. Kapchorwa Branch 1 - 32A Kapchorwa-Mbale Road, Kapchorwa
  39. Kapchorwa Branch 2 -23 Gogonya Road, Kapchorwa
  40. Mbarara Branch - 16-18 Bananuka Drive, Mbarara
  41. Mityana Branch - 425 Mityana Road, Mityana
  42. Moroto Branch - Moroto-Napak Road, Moroto
  43. Moyo Branch - Laura House, Besia Village, Moyo
  44. Mpigi Branch - 195 Butambala Road, Mpigi
  45. Mukono Branch - 3 Kampala-Jinja Road, Mukono
  46. Nansana Branch - Masitowa Building, 5390 Kampala-Hoima Road, Nansana
  47. Nateete Branch - Marvin House, 962 Kampala-Masaka Road, Nateete
  48. Nebbi Branch - 19 Arua Road, Nebbi
  49. Ntungamo Branch - 8 Kabale Road
  50. Rukungiri Branch - 31 Rubabo Road, Rukungiri
  51. Kabale Branch - 88 Kisoro Road, Kabale
  52. Koboko Branch - Samuel Baba Road, Koboko

See also

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References

  1. ↑ Letshego Holdings Limited (31 December 2015). "Letshego Holdings Limited: 2015 Integrated Annual Report" (PDF). Gaborone: Letshego Holdings Limited . Retrieved 13 August 2016.
  2. ↑ Mwesigwa, Alon (26 February 2014). "Letshego raises competition among microfinance firms". The Observer (Uganda) . Kampala. Retrieved 8 August 2016.
  3. 1 2 Busuulwa, Bernard (8 February 2014). "Uganda's microfinance sector spreading out". The EastAfrican . Nairobi. Retrieved 8 August 2016.
  4. ↑ LMUL (8 August 2016). "History of Letshego Microfinance Uganda". Kampala: Letshego Microfinance Uganda Limited (LMUL). Retrieved 8 August 2016.
  5. 1 2 4-Traders (26 July 2016). "Letshego: looks back at the last 18 years". Annecy, France: 4-Traders.com (4-Traders). Retrieved 8 August 2016.
  6. ↑ Globefeed.com (8 August 2016). "Distance between Post Office Building, Kampala Road, Kampala, Central Region, Uganda and Letshego, Wampewo Avenue, Kampala, Central Region, Uganda". Globefeed.com. Retrieved 8 August 2016.
  7. ↑ Google (8 August 2016). "Location of the Headquarters of Letshego Microfinance Uganda" (Map). Google Maps . Google. Retrieved 8 August 2016.
  8. ↑ Salako, Taofik (14 December 2015). "Why we're selling our microfinance subsidiary to Botswana's Letshego, by FirstBank". The Nation (Nigeria) . Mushin, Lagos, Nigeria. Retrieved 8 August 2016.
  9. ↑ LMUL (8 August 2016). "Branch List of Letshego Microfinance Uganda Limited". Kampala: Letshego Microfinance Uganda Limited (LMUL). Retrieved 8 August 2016.

Coordinates: 00°19′23″N32°35′47″E / 0.32306°N 32.59639°E / 0.32306; 32.59639

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