- Post by Super User
Welcome to Tujijenge in Uganda
Brief Background of Tujijenge
Tujijenge is a micro-finance company limited by shares that started its operations in February 2009. Tujijenge aims at providing micro-finance services including credit and savings. Tujijenge concentrates its activities in eastern Uganda; however, the organization intends to expand its operations to other parts of the country.
Tujijenge customers are both men and women who are actively engaged in business and Agricultural activities.
Currently, Tujijenge has three Branches i.e. Namayingo, Busia and Soroti.
The Soroti Branch covers 5 districts of Soroti, Katakwi, Amuria Ngora and Serere. While Busia covers Busia itself. And Namayingo Covers Namayingo, Bugiri and neighboring areas
Mission: To improve the livelihoods of families in Uganda through customized Financial Services
Vision “To be the preferred Financial Institution providing diverse customized products and services”
Core Values: Respect& integrity, Team Work, Sustainability and Transparency
Tujijenge is a legally registered company by shares, owned by Tujijenge Afrika.
Tujijenge in Uganda is governed by a body of Board of Directors comprising of five, namely;
- Chairman – John Kyebagadha, an auditor
- Felistas Coutinho- experienced in Microfinance
- Anna Mulalo- Social scientists and in charge of Human resources
- Serunjogi Laura Steele-An Accountant
- John Othieno- an Agronomist
The above Board provides strategic direction to the management of Tujijenge in Uganda.
The institution serves both men and women in groups and individuals who are engaged in small businesses and need boosting, providing a variety of products and services listed below
Targets people with active business, working capital loans range from Ushs 100,000 to 3,000,000, loan terms range 4-6 months. The size of business of an individual determines the loan amount to be disbursed.
Targets people in Agricultural businesses namely; live stock rearing, fishing bee-keeping fruit farming. Loan size is between Ushs 100,000 to 2,500,000 and the loan term ranges from 6-12months. Grace period range 1-4 months may or may not be given
Solar &Phone Loans
A- Sunking Products from Greenlight Planet B- Dlight Products
A variety of solar products are given to schools, hospital, households, and business entities for safer and cheaper renewable energy. Loan size is between Ushs 30,000 to 300,000 with loan term range of 3 to 6 months. They go for cash, loan and PAYG.
Targets people who are need of motorcycles (boda-boda), building materials like cement, Iron sheets etc.
We provide fast growing birds of first-generation type (F1), disease resistant, dual purpose ie both for meat and eggs and lay up to 128 eggs annually. They also go for cash and loan
Loan protection Fund
In case of death and permanent incapacitation of the borrower, the loan recovery is covered by Loan Protection Fund.
Agricultural and business training
A specialized agricultural officer trains and advises all those taking various agricultural loans while the basic business training provided to those taking business loans.
Tujijenge has a mission of improving the livelihoods of families in Uganda through customized Financial Service and a vision of being the preferred Financial Institution providing diverse customized products and services that will meet clients’ needs and make them happy. The company serves a clientele not traditionally served by formal commercial banks with credit services.
Given to licensed businesses, Loan size is between Ushs 500,000 to 10,000,000 and the loan term ranges from one to eighteen months.
Given to groups of 10-25 members, loan size from Ushs 100,000 to 3,000,000. Loan term of 1 to12 months. Repayments are bi-weekly and monthly.
- Uganda Energy Credit Capitalization Company (UECCC)
- Private capital
- Equity Bank
- Stanbic Bank.
- Barclays Bank
- DFCU bank
- MTN Uganda
- Articulate Services
- Base Technology.
- Sigma Data & Computers
- JPS Consult.
- Green light Planet
- Bright Products
- Biolite Energy
- Kizza &Co Certified Public Accountants
- SGA Security Company
- Uganda Microfinance Regulatory Authority (UMRA)
- Association of Microfinance Institutions of Uganda (AMFIU)
- Head Office
PLOT 4D, CUSTOMS ROAD, AREMO COMPLEX, BUSIA DISTRICT, UGANDA
P.O.BOX 1550 JINJA, UGANDA.
TEL: +256 392 895606
- Branch Contacts
Soroti +256787222641, +256705426724
Namayingo +256782234898, +256753857422,
Busia +256782266336, +256751852070
- Contact Person: