Primary mortgage market in Uganda:
IFC’s Uganda Primary Mortgage Market Initiative (UPMMI) is a three-year advisory services program that aims to foster the largescale development of the primary mortgage market in Uganda. The program works with financial institutions, governments and real estate industry stakeholders such as real estate agents and real estate valuers. The program was launched in August 2007 and is managed by IFC’s advisory services arm in Africa, with the support of Private Enterprise Partnership (PEP Africa) and in partnership with the Danish International Development Agency (DANIDA), the African Development Bank (AfDB) and the Netherlands Development Finance Company (FMO). IFC has partnered with Frankfurt School of Finance & Management, an international development and advisory firm, to implement the program. IFC’s Uganda Primary Mortgage Market Initiative has developed this guide to provide important financial information to future homeowners.