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Working Papers, Arbeitsstelle für Entwicklungsländerforschung, Universität Köln >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/23706
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| Title: | | Uganda Microfinance Union (Umu): A Case Study  |
| 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
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