About ENCOT

Background

ENCOT Microfinance Ltd is an indigenous rural community development micro-credit and rural-enterprise development entity, founded as an NGO in 2006 by a group of indigenous community development practitioners in Masindi (UGANDA). The Organization was developed as a response to the challenges of poverty and suffering faced by the rural communities in Masindi, most especially the farmers.

ENCOT Microfinance Ltd started as an academic research project with an objective of investigating the impact of microfinance on agriculture in Masindi. The research evolved into a fully fledged community development organization meant to improve access to appropriate credit and entrepreneurship development services among the marginalized rural communities in the region.

What we do...

ENCOT as a Microfinance and Enterprise Development Institution is fully registered as a Company limited by shares. In light of its engagement in credit activities, ENCOT is also fully licensed to lend under lenders act (CAP 273.). The organization has been engaged in microcredit and enterprise development activities since inception and intends to grow its loan portfolio to become competatively placed as a leading MFI in the region.

Both services offered are highly needed in Uganda. There are several financial service providers in Uganda, however, all of them do not provide specialized services to the lowest incomes category of the communities in the country, focusing on mid-western and now central region of Uganda, most especially farming communities.

Mission

To provide inclusive financial services to micro and small enterprise communities in Uganda to allow them curve their own paths out of poverty and creation of own jobs

Vision

Affordable and accessible financial services

Our Mandate

Rural Entrepreneurship Development for increased productivity and improved livelihoods