Head Office      46 Windsor Crescent Kololo      msc@msc.co.ug      Toll Free 0800 201010 / 120024



WHAT DOES THE MICROFINANCE SUPPORT CENTRE DO?

The Microfinance Support Centre (MSC) extends credit to microfinance institutions which in turn on lend to their individual members. These include Savings and Credit Cooperative Societies (SACCOs) Cooperatives Unions, Area Cooperative Enterprises and Microfinance Companies. MSC also funds Small and Medium Enterprises (SMEs). MSC also provide business development services to its clients.
WHAT SERVICES DOES THE MICROFINANCE SUPPORT CENTRE OFFER?

MSC offers credit through loan products and they are: Agricultural Loan, Environmental Loan, Vulnerable persons loan (for women, youth, persons with disability and the elderly organised in cooperatives), Commercial Loan. MSC also offers Business Development Services to its clients with the objective of building their capacity to operate efficiently and became sustainable. This included training and technical support.
DOES THE MICROFINANCE SUPPORT CENTRE OFFER LOANS TO INDIVIDUALS?

No. MSC extends loans to microfinance institutions. Individual can access loans through those institutions funded by MSC. These include Savings and Credit Cooperative Societies (SACCOs) Cooperatives Unions, Area Cooperative Enterprises, Special Interest Groups and Microfinance Companies.
WHAT IS THE DIFFERENCE BETWEEN MSC AND OTHER MFIs?

The Microfinance Support Centre extends credit to SACCOs, Cooperative Unions, Area Cooperative Enterprises, SMEs and Microfinance Companies. Microfinance Institutions extend loans to extend credit to individual clients.
WHAT ARE THE REQUIREMENTS FOR ACCESSING A LOAN FROM MSC?

For an institution to access a loan from MSC should:
· be registered with a physical address
· operate in a clearly defined area with a physical address
· have clear ownership and governance structures
· have at least two staff with basic knowledge and skill in microfinance
· audited accounts
· resolution to borrow from MSC
WHAT IS THE INTEREST RATE CHARGED ON THE LOAN PRODUCTS?

Interest charged varies according to product as follows:
· Agricultural Loan - 9% per annumto Microfinance Intuitions and 13% to agricultural SMEs per annum declining balance
· Environmental Loan - % per annumto Microfinance Intuitions and 13% to agricultural SMEs per annum declining balance
· Vulnerable persons loan - 9% per annum declining balance
· Commercial Loan - 13% per annumto Microfinance Intuitions and 17% to SMEs per annum declining balance
WHAT IS THE LOAN PERIOD THAT MSC GIVES TO ITS CUSTOMERS?

The loan period ranges between 2 to 6 years depending of the activity funded. Payment for the loan may be made monthly or quarterly.
WHERE ARE YOUR OFFICES LOCATED?

The head office of the Microfinance Support Centre is located on plot 46 Windsor Crescent Kololo. Our Zonal offices are located in Arua, Gulu, Hoima, Soroti, Mbale, Moroto Jinja, Kampala, Lira, Masaka, Mbarara, Kabale and Kabarole.
HOW CAN I CONTACT MSC IF I NEED MORE INFORMATION?

For more information you can contact us on our too free lines 0800 201 010/ 0800 120 024 and email msc@msc.co.ug.