
The IFC Uganda Primary Mortgage Market Initiative, started in August 2007, and aims at fostering the large-scale development of the housing market in Uganda. The initiative is managed by IFC's Private Enterprise Partnership for Africa, with technical support from the Frankfurt School of Finance and Management. It is supported by the Danish International Development Agency (DANIDA), Netherlands Development Finance Company (FMO), and African Development Bank (AfDB).
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Developing the Ugandan housing sector
IFC recently partnered with three of Uganda’s leading banks to launch a program that will create more opportunities for Ugandans to own homes.
Under the Uganda Primary Mortgage Market Initiative, IFC will provide partial credit guarantees and advisory services to local banks, helping them increase their home loans. The initiative will also work to improve Uganda's regulatory environment for mortgages. Read more... |