The Microfinance Support Centre (MSC) has launched its Strategic Plan for 2025/26–2029/30, aimed at expanding financial inclusion, generating jobs, and promoting grassroots wealth creation. The launch event, held at Four Points by Sheraton in Kampala, was attended by the Minister of Finance, Planning, and Economic Development, Hon. Matia Kasaija, who commended MSC for empowering Ugandans through affordable financing.
The five-year initiative, themed “Affordable Microfinance Services for Wealth and Job Creation,” targets 8 million beneficiaries, the creation of 1.2 million jobs, and the transition of 2,824 Emyooga SACCOs from grant dependency to credit-based operations by 2030. Minister Kasaija highlighted MSC’s provision of financing at an 8% interest rate with minimal fees, enabling thousands previously excluded from the formal economy to establish and grow businesses.
MSC Deputy Executive Director Hellen Petronilla Masika outlined the plan’s four strategic pillars: expanding access to affordable credit, promoting enterprise development and job creation, strengthening institutional sustainability and governance, and leveraging technology and innovation. MSC has already supported over 9,000 financial institutions and reached 7.6 million beneficiaries through initiatives such as Emyooga and Islamic Finance programs.
Government officials reaffirmed support for MSC, emphasizing accountability, sustainability, and community-level entrepreneurship. MSC Board Chairperson Dr. Aliba Kiiza described the plan as a “fundamental shift” in Uganda’s microfinance sector, while MSC Executive Director John Peter Mujuni highlighted the goal of transforming community cooperatives into lenders and reducing reliance on foreign borrowing.
By 2030, MSC aims to strengthen 9,000 client institutions, expand digital financial services, promote climate-smart financing, and ensure inclusive growth that empowers youth, women, and persons with disabilities.
