FINCA Results

Measuring Our Impact

Social Performance Management

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  • Approach
    • FINCA’s Mission
    • Survey Methodology
    • Data Sources
  • Indicators
    • Financial Inclusion
    • Living Standards
    • Income & Employment
    • Women’s Empowerment
    • Clients’ Goals
  • Global Data
    • Africa
      • DRC
      • Malawi
      • Nigeria
      • Tanzania
      • Uganda
      • Zambia
    • Eurasia
      • Armenia
      • Azerbaijan
      • Kosovo
      • Kyrgyzstan
      • Tajikistan
    • Latin America
      • Guatemala
      • Haiti
      • Honduras
    • MESA
      • Jordan
      • Pakistan
  • News

Uganda

In the two decades since FINCA launched operations in Uganda, the country has cut its poverty rate down to 20 percent. This remarkable achievement is challenged, however, by its fast-growing population. At its current rate, Uganda's 40 million people could double in two decades. Nearly 60 percent of its population are 18 years or younger, and they face an increasingly tough job market. Despite reductions in poverty, many people live without basic services, including the 90 percent of rural households that still rely on candles, kerosene and fuel-wood for energy.

In that context, FINCA's mission of helping people to create their own jobs and income is more urgent than ever, so the Ugandan economy can absorb this burgeoning population, especially the youth. FINCA Uganda was the first organization in the country to be granted a license as a Micro Deposit-Taking Institution (MDI), enabling it to offer a full range of savings, credit and other financial services.

Explore Uganda Data ↓

Financial Inclusion

Uganda:
Reaching the Financially Excluded

63% Adult population financially excluded
7,101 38% Female borrowers % #
137,219 Total FINCA clients
13,978 75% Borrowers in rural areas % #
18,637 Total FINCA borrowers

Uganda had an early start in the development of an active microfinance sector, so it generally fares a little better than the surrounding countries in financial inclusion. Still, 67 percent of adults lack a bank account. While striving to fill this gap, FINCA Uganda has achieved a very strong presence in the rural areas, home to 75 percent of its borrowers. Armed with its deposit-taking license, FINCA has also built a growing base of micro-depositors, who now outnumber borrowers 3:1. These include the youth, who are serviced through savings products tailored especially to their needs.

View All Financial Inclusion Data

Living Standards

Uganda:
Quality of Life

9,319 50% Client homes without water In addition to the health risks from contaminated sources, the lack of running water imposes a physical burden on family members -- often children -- who are required to collect and transport it back to the house. % #
9,542 51% Client homes without electricity The electrical grid in Uganda is extremely limited and poorly maintained. % #
14,723 79% Client homes without access to Internet % #
5,405 29% Clients who don’t own their home This indicator is high throughout Africa. % #
10,437 56% Head of household with primary education or less Only Tanzania has a higher incidence of household heads who have a primary education or less. % #

While the overall poverty rate in Uganda has gone down, many people still struggle to achieve a decent quality of life. Half of FINCA's borrowers lack access to clean water and electricity in their homes. These conditions are especially harsh on children, whose health and education are undermined by the lack of sanitation and lighting.

Like their peers in neighboring countries, our clients in Uganda often do not own a home. This deprives the family of comfort and security, and denies them an important asset for accumulating wealth over time. FINCA customers also live in households with poorly educated breadwinners—56 percent of them have only a primary education or less.

View All Living Standards Data

Income & Employment

Uganda:
Income & Employment

No data has been collected yet for this indicator in Uganda.

The support of FINCA donors is vital to our efforts to understand our clients and better serve them. Please Donate to support this important work.

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Explore FINCA Loan Sectors
View All Income & Employment Data

Women’s Empowerment

Uganda:
Empowering Women

7,101 38% Female borrowers % #
3,052 16% Clients with female-headed household % #
6,410 34% Households with female as main earner % #

Outreach to women is a bit lower in Uganda than in the region overall. Most of the women that we do reach, however, are the principal source of income in their families. This dependency on women's income is especially high throughout Africa. In Uganda, almost half of them are single parents, bearing the full responsibility of providing and caring for their households.

View All Women’s Empowerment Data

Clients’ Goals

Uganda:
Attaining Business and Personal Goals

Goals Set By FINCA Borrowers
Goals Met By FINCA Borrowers

No data has been collected yet for this indicator in Uganda.

The support of FINCA donors is vital to our efforts to understand our clients and better serve them. Please Donate to support this important work.

DONATE

No data has been collected yet for this indicator in Uganda.

The support of FINCA donors is vital to our efforts to understand our clients and better serve them. Please Donate to support this important work.

DONATE
View All Clients’ Goals Data

Business Activities and Profit

Uganda:
Poverty, Economic Sectors, Jobs and Profits

FINCA Loan Sectors

- 0% Trade % #
- 0% Services % #
- 0% Manufacturing % #
- 0% Crops % #
- 0% Livestock % #

Profit and Profit/Sales Ratio by Sector

$0 0% Trade Profit/sales ratio Avg. profit
0 0% Services Profit/sales ratio Avg. profit
$0 0% Manufacturing Profit/sales ratio Avg. profit
$0 0% Crops Profit/sales ratio Avg. profit
$0 0% Livestock Profit/sales ratio Avg. profit

Jobs by Sector Due to FINCA Loan

- 0% Trade % #
0 0% Services % #
- 0% Manufacturing % #
- 0% Crops % #
- 0% Livestock % #

Africa Stories

FINCA DR Congo Client Nene

A Financial Product Just for Her

Nene is thriving as an entrepreneur thanks to a new FINCA loan product targeted at women in the Democratic Republic of the...
Read Nene's Story
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BrightLife Solves a COVID-19 Catch-22

Aidah Asiimwe is grateful to BrightLife for turning on her lights free of charge during the COVID-19 pandemic. Read her story.
Read Aidah's Story
Eugenie Kabeya_Client_FINCA DRC

Beating the Odds During COVID-19

FINCA DR Congo client Eugénie Kabeya, a seamstress, has beaten the odds by staying in business despite the COVID-19 pandemic. Find out...
Read Eugénie's Story

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