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Development Microfinance Limited (DMF) is a Company limited by shares. . It was founded in 2003 initially operating in Eastern Uganda to improve the livelihood of marginalized households and financially enabling them to turn economic opportunities into fortunes for economic and social empowerment. In pursuit of its vision, mission, founding objectives, and sustaining current achievements, DMF has prepared this business plan to guide the organization in the next five years. The plan was a result of strategic workshop for the Board of Directors, Management and staff. Over the years the DMF has continued to grow and develop as a dynamic and changing organization. Accordingly, this business plan is aimed at building on this momentum to accelerate growth, expand outreach and strengthen governance, management and controls. The company has built its own head office, expanded branch network to eight while sustaining year on year profitability.
The company targets marginalized households engaged in micro, small and medium enterprises in rural and peri-urban areas of the Uganda. The clients are largely low income but active in various sectors including processing, commerce, services, agriculture, transport, building and construction. DMF does not have bias to gender, tribe or race.