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Blue gears to expand micro-financing operation
Wed, 14 Oct 2009 10:19
TradeInvestAfrica Staff



Blue Financial Services plans to expand in four more districts in Uganda by the end of 2009.

“We are working on our expansion plan to add on our existing nine-networked branches and 30 liaison offices,” says country manager Tony Henderson.

The South African micro-financier has a client base of more than 22,000 customers in Uganda where it has operated for four years.

Blue provides small and medium loans to private as well as under-banked civil servants in 14 African countries.

“Uganda’s business environment has been supportive of our operations,” says Henderson.

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