Microfinance institution in Uganda
Letshego Microfinance Uganda , (also Letshego Microfinance Uganda Limited (LMUL)), whose official name is Letshego Uganda Limited , is a
Tier IV
microfinance institution in
Uganda .
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]
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
See also
References
^ Letshego Holdings Limited (31 December 2015).
"Letshego Holdings Limited: 2015 Integrated Annual Report" (PDF) . Gaborone:
Letshego Holdings Limited . Retrieved 13 August 2016 .
^ Mwesigwa, Alon (26 February 2014).
"Letshego raises competition among microfinance firms" .
The Observer (Uganda) . Kampala. Retrieved 8 August 2016 .
^
a
b Busuulwa, Bernard (8 February 2014).
"Uganda's microfinance sector spreading out" .
The EastAfrican . Nairobi. Retrieved 8 August 2016 .
^ LMUL (8 August 2016).
"History of Letshego Microfinance Uganda" . Kampala: Letshego Microfinance Uganda Limited (LMUL). Retrieved 8 August 2016 .
^
a
b 4-Traders (26 July 2016).
"Letshego: looks back at the last 18 years" . Annecy, France: 4-Traders.com (4-Traders). Retrieved 8 August 2016 . {{
cite web }}
: CS1 maint: numeric names: authors list (
link )
^ 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 .
^
Google (8 August 2016).
"Location of the Headquarters of Letshego Microfinance Uganda" (Map).
Google Maps . Google. Retrieved 8 August 2016 .
^ 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 .
^ LMUL (8 August 2016).
"Branch List of Letshego Microfinance Uganda Limited" . Kampala: Letshego Microfinance Uganda Limited (LMUL). Retrieved 8 August 2016 .
External links
00°19′23″N 32°35′47″E / 0.32306°N 32.59639°E / 0.32306; 32.59639
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