EconStor >
Universität zu Köln >
Arbeitsstelle für Entwicklungsländerforschung (aef), Universität Köln >
Working Papers, Arbeitsstelle für Entwicklungsländerforschung, Universität Köln >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/23706
  
Title:Uganda Microfinance Union (Umu): A Case Study PDF Logo
Authors:Almeyda, Gloria
Issue Date:2002
Series/Report no.:Working paper / University of Cologne, Development Research Center 2002,5
Abstract:The Uganda Microfinance Union (UMU) has become one of Uganda?s leading microfinance institutions. It began four years ago with a small equity loan of about US$30,000 and has grown to US$1.5 million in total assets. Through a network of five branches, UMU serves16,577 clients (70% women), all of whom savers and 63% are borrowers. As of July 2001, UMU?s outstanding loan portfolio was US$1 million and savings were over US$400,000. It is diversified: 50% of its portfolio is in trade, 35% in agriculture, 12% in services, and 3% in manufacturing. Its repayment rate has remained at 98% or above. Its operational sustainability is 111% and its financial selfsustainability 92%. What factors have contributed to UMU?s success?
Document Type:Working Paper
Appears in Collections:Working Papers, Arbeitsstelle für Entwicklungsländerforschung, Universität Köln

Files in This Item:
File Description SizeFormat
2002-5_UG_UMU.pdf252.64 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/23706

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.