IDEAS home Printed from https://ideas.repec.org/p/zbw/uocaef/20025.html
   My bibliography  Save this paper

Uganda Microfinance Union (Umu): A Case Study

Author

Listed:
  • Almeyda, Gloria

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?

Suggested Citation

  • Almeyda, Gloria, 2002. "Uganda Microfinance Union (Umu): A Case Study," Working Papers 2002,5, University of Cologne, Development Research Center.
  • Handle: RePEc:zbw:uocaef:20025
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/23706/1/2002-5_UG_UMU.pdf
    Download Restriction: no

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:uocaef:20025. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (ZBW - German National Library of Economics). General contact details of provider: http://edirc.repec.org/data/wskoede.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.