Loan of €300,000 *
(equivalent in local currency)
(3 prêts octroyés)
*Outstanding at grant valuePartner website
The economy of Uganda is traditionally based on agriculture (80% of the active population), in particular on coffee; it is developing slowly despite an often unfavorable regional context.
Founded in 2006, ENCOT is a microfinance institution that provides financial services for low-income people in Uganda so that they can create their own jobs, increase household incomes and improve their livelihoods.
ENCOT targets low-income populations living in rural areas of Uganda and in particular people in the agricultural sector. This is why the organisation established itself in Masindi, a small town of 30,000 inhabitants where almost 80% of the population derives part (or all) of its income from agriculture.