UGAFODE Microfinance Limited
[3] UGAFODE was the fourth MDI registered in Uganda.[4][5] UGAFODE was founded in 1994 as the Uganda Agency for Development Limited, a non-governmental organization whose primary objective was to provide affordable financial services to its customers.[6] In 2011, the institution accepted eight new shareholders, including Ezra Suruma, Uganda minister of finance from 2005 until 2009 and senior adviser for finance and planning to the President of Uganda.As of March 2014[update], the institution's total assets were about US$10.07 million (UGX:25.34 billion), with shareholders' equity of about US$2.25 million (UGX:5.66 billion).[9] As of October 2024[update], the institution maintained branches at the following locations, arranged alphabetically:[10]