Our Story

UGAFODE Microfinance Limited was incorporated in 1994 as a Non – Governmental Organization under the name of Uganda Agency for Development Limited (UGAFODE); an NGO at the time to provide primary affordable financial services to its customers.

In September 2010, UGAFODE Microfinance Limited was incorporated as a Company Limited by shares in preparation to transform into an MDI with expanded shareholding from local investors with Uganda Agency for Development Limited (UGAFODE) transferring all its assets and liabilities to the new company.

UGAFODE Microfinance Limited is now a regulated Financial Institution and was licensed by the Central Bank of Uganda to provide focused quality financial services and a wide array of Quality Financial Products to its clients in the urban, peri-urban and rural areas of Uganda to meet the ever-changing needs of its clients.

UGAFODE’s operations are backed up by a strong shareholding muscle that guarantees assurance of business continuity as well as commitment to have the client’s best interests as priority. UGAFODE shareholding is held by five shareholders.


To be the preferred financial solutions provider in the provision of services that yield improved income in every household served.



To transform the lives of our customers economically and socially by providing to them inclusive financial solutions



  • Integrity
  • Respect
  • Team work
  • Innovation