Uganda Finance Trust Ltd

Uganda Financial services

Uganda Finance Trust Limited (UFTL), commonly known as Finance Trust, is a microfinance institution (MDI) in Uganda. It is licensed as a deposit-taking microfinance institution by the Bank of Uganda, the national banking regulator.

We are invested in Uganda Finance Trust Ltd through Progression Eastern African Microfinance Equity Fund, which is managed by Progression Capital. For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts


Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

Africa, East Africa

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

Financial services
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

Intermediated investment
Progression Eastern African Microfinance Equity Fund
Fund Manager:
Progression Capital
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

August 2013

This is the investee company’s place of incorporation; or a fund’s jurisdiction.