Our Vision

“To promote access to quality, low-cost financial products and services for marginalised groups while creating opportunities for Ugandans to be economically self-sufficient”
Our Mission
“To promote improved inclusive financial markets that foster job creation, reduce poverty and improve Uganda’s competitiveness”


Financial Sector Deepening (FSD) Uganda is the country’s leading ‘think and do tank’ on financial inclusion and inclusive financial market development.
We are an independent not-for-profit company committed to promoting greater access to financial services. FSD Uganda seeks to develop a more inclusive financial sector with a focus on low-income individuals.
We support innovation, conduct research, and support regulatory processes that shape the financial sector.

Our organisation is currently funded by the Bill & Melinda Gates Foundation, the European Union, and the Mastercard Foundation.

We are part of a network of nine Financial Sector Deepening organisations working across sub-Saharan Africa.
In our new strategic period, we are building on our early successes to broaden our impact, transitioning from a supply-side focus to inclusive finance which responds to the needs of the real economy.

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1. Our Values














Tools of Change

“We are a market facilitator catalysing change in different ways.”



Set up of FSD Uganda with the first strategic plan focused on increasing the penetration and access to financial services for the financially excluded covering savings, credit, insurance, and pensions.


Facilitated the development of the Financial Institution Amendment Bill 2016 now an act

Capacity building of key meso industry associations such as Uganda Bankers’ Association, the Association of Microfinance Institutions of Uganda, and the Uganda Insurers Association.


Supported the Bank of Uganda and the Ministry of Finance, Planning, and Economic Development to develop the National Financial Inclusion Strategy 2017 - 2022.

Played a key role as an ecosystem enabler, leading to the formation of the Financial Technologies Services Providers’ Association (FITSPA).


Tweaked strategic plan to focus on an enabling business environment, building better rails for the financial sector through common market infrastructure as well as access and usage of financial services for our target market.

FSD Uganda and partners supported the Uganda Bankers’ Association to set up a shared agent banking platform, so that financial services reach the underserved, underbanked, and unbanked in rural, remote, and frontier markets.

FSD Uganda supported the 2018 Finscope study, which is the largest demand-side data set conducted every five years and is used in key decision-making by both the private and public sector.


FSD Uganda provided a grant and technical assistance to promote digitisation in agriculture. The agritech digitised the dairy value chain to create a pathway for non-collateralised credit extension to farmers.

FSDU partnered with, a digital healthcare micro loan and savings platform, to provide access to basic services particularly healthcare financing for uninsured Ugandans through a digital healthcare micro-loan and savings platform.


FSD Uganda and partners tested the provision of credit to savings groups comprising of refugees and host communities. This project demonstrated that refugees are a viable market segment.

FSD Uganda provided a grant and technical assistance to a fintech to address the problem of the limited and or no access to financial investment products among the low-income market segments.


Upon the passing of the National Payment Systems Act and Regulations, FSD Uganda supported the development of a compliance toolkit and aided fintech firms in preparing their applications for payment services licences.

FSD Uganda supported the Financial Technologies Services Providers’ Association (FITSPA) in developing a code of conduct, the first of its kind.

Led by the Ministry of Information, Communication Technology and National Guidance, FSD Uganda supported the development of the Fourth Industrial Revolution (4IR) strategy to support the development and uptake of emerging technologies.

Set up the Deal Flow Facility to support select Ugandan enterprises become investment-ready and subsequently match them with potential investors with funding from the European Union and support from the Capital Markets Authority.


Launch of the Medium and Small Enterprises Recovery Fund in partnership with the Mastercard Foundation to jumpstart the economic livelihoods of entrepreneurs to secure and create job opportunities for young women and men in Uganda.

FSD Uganda, in partnership with the Uganda Bankers’ Association implemented an E-KYC platform that enables financial institutions to validate and authenticate a customer’s identity electronically

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Plot 7A, John Babiha (Acacia) Avenue, Kololo
P.O. Box 608 Kampala, Uganda
TEL: +256 393 231260/2

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