Victoria Office Park 6-9 Ben Kiwanuka Okot Close Bukoto, Kampala
,
Uganda
Key people
Charles Oleny Ojok chairman Veronicah Namagembe managing director
Products
Loans, savings
Revenue
Aftertax:$4.5 million (UGX:11.7 billion) (2013)
Total assets
US$56.84 million (UGX:147.4 billion) (2013)
Number of employees
1585+ (2013)
Website
www.pridemicrofinance.co.ug
Pride Microfinance Limited (PMFL), is a microfinance deposit-taking institution (MDI) in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator.[1]
PMFL provides financial services to that segment of the Ugandan population who are not served or are unable to access financial services through Ugandan commercial banks. PMFL's focus are the micro, small, and medium size entrepreneurs. As an MDI, PMFL is a Tier III Financial Institution. It is therefore prohibited from dealing in foreign exchange and cannot issue checking accounts.
As of December 2013[update], the institution's total assets were valued at approximately US$56.84 million (UGX:147.4 billion), with shareholders' equity of approximately US$18.1 million (UGX:46.97 billion). As of December 2013, Pride Microfinance employed 585 people and served 373,667 customers.[2]
^BOU (March 2014). "List of Licensed Microfinance Deposit-Taking Institutions In Uganda". Bank of Uganda (BOU). Retrieved 30 June 2014.[permanent dead link]
^PMFL (2014). "Audited December 2013 Annual Report". Pride Microfinance Limited (PMFL). Retrieved 30 June 2014.
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