All posts by kyalie

Community Banking

“We Come to you”

Community Banking makes it easy and convenient for customers to access financial solutions, since Pride brings Financial services and solutions directly to their communities.

The Community Banking product targets mainly new customers who live in communities that are far from pride branches but need financial solutions. These will be organized into Community Enterprise Committees (CECs) made up of 30-60 members grouped into 6-10 Enterprise groups (EGs) of 5-5 members each.

Unlike the Group Guaranteed loan Product, the Community banking product is a means of availing Loan services to entrepreneurs in the convenience of their communities. This cuts on customers’ expenses such as transport to the Pride branches and therefore increases access and safety of the clients’ income.

The community banking Product will improve service delivery, by bringing financial services closer to the customers, in a bid to bring financial inclusion for all.

Pride Mobile

“Let your phone do the banking”

Pride Mobile is a mobile banking service that allows Pride customers to transfer funds between Pride and mobile money, check their bank account balance & recent transactions, and pay for goods directly from their bank account as elaborated below

1. TRANSFER YOUR FUNDS BETWEEN PRIDE AND MOBILE MONEY
Dial *250# to move money between your Pride account and Mobile Money account to deposit or withdraw respectively.

DEPOSIT
Move funds from mobile money to your Pride account (*185# for Airtel menu)

WITHDRAW
Move funds from your Pride account to mobile money (*250#)

2. ACCOUNT BALANCE
To check your balance, select ‘Account Bal’. You will receive an SMS with your account information.

3. MINI STATEMENT
To check your recent account activity, select ‘Mini Stmt’. You will receive an SMS with your last five transactions.

4. FUNDS TRANSFER
To transfer money from your Pride account to another Pride account, select ‘Funds Transfer’ and follow the prompts.

5. AIRTIME
To purchase airtime for MTN, Airtel, UTL and Orange directly from your Pride account, select ‘Airtime’ and follow the prompts.

6. UTILITIES
To pay for utilities like electricity, paytv subscription, internet and more, select ‘Utilities’ and follow the prompts

7. SCHOOL FEES
To pay school fees, select ‘School Fees’ and follow the prompts

8. PAY MERCHANTS
Feature to be activated soon.

9. CHANGE PIN
To change your PIN, select ‘Change pin’. Please note that you will need to enter your current PIN. If you don’t know your PIN, please contact your branch or the phone number on the back of this brochure.

HOW TO REGISTER FOR PRIDE MOBILE
How do I register?
Register for free at any Pride branches. After submitting your application, you should receive an SMS with your Pride Mobile PIN within 24 hours marking the end of the registration process. Dial *250# to start transacting.

What do I need to register?

  • If you are an existing Pride customer, you will need a copy of your ID or Pride Savings card and a registered Airtel Money SIM.
  • If you are a new customer, you will need 1 Passport Photo, a valid ID (National ID, LC ID & LC Letter, NSSF card, Passport, Financial Card, Driving Permit, Employee ID with employer letter), a minimum of 5,000/= (or 12,000/= with an ATM Card), and a registered Airtel Money SIM.

 

__________________________________________________

Our Customers Speak out

Adong Barbra:
Pride Scholarship Scheme beneficiary.

“My name is Barbra Adong, a student of S.2 at Graceland Girls Secondary School, Gulu. I live with my mum who is a client of Pride Microfinance Ltd, Gulu Branch. My heartfelt appreciation goes to the management of Pride Microfinance Limited for having offered me a scholarship that made the horizon of my future brighter.

I thank the Lord almighty for all that he has done because it would not have been  an easy situation had my  mum not joined Pride Microfinance and consequently, getting the Pride Scholarship for me. I lost my Dad in 2004 when I was 8 years old and things fell apart when my Uncle too, who had been sponsoring me through Primary school died in 2010.

My mum was struggling with her small business, which was going down because there was no money for working capital. From this small business, we expected food, medical care clothing and everything for household maintenance. My sister had dropped out of school because she would constantly be sent back home for being a fees defaulter. I was supposed to report for secondary School where I had been admitted but there was no money for the fees and other scholastic requirements.

I applied for scholarships from three institutions but I was not successful. This is when I turned to God in prayer. I prayed earnestly and I kept my faith through the scripture in Ephesians 6:10 which says “Be strong in the Lord and in his mighty power”. This is when my mum got for me the Pride scholarship.

I am so happy that Pride Microfinance is sponsoring my education in a girls’ school. I feel so dignified and so proud of Pride because they have given me a new hope to quality education. I am so grateful that my mum is also expanding her business of selling ‘Malwa’ and beads using Pride working capital loans.  I also thank the Manager of Pride Gulu branch for his kindness and his struggle to extend good services to the people of Gulu.

My advice to those who are reading this testimony is that Pride is the right financial institution for you because of their excellent products and services and good customer care. I advise everyone to continue working hard and trusting in God to make a way for an abundant life. I aspire to be a very good lawyer in future. Thank you very much”.

Pride New Offices

Pride relocated to the new head office premises located on Plot 6-9 Ben Kiwanuka Okot Close, Bukoto, Kampala, Victoria Office park, Block B.

The offices were officially launched and commissioned by H.E. Gen Yoweri Kaguta Museveni, President of the Republic of Uganda, on 29th August 2014. These new offices are a big milestone in the history of Pride.

This is an indicator that the institution has grown and it will go a long way in cutting Pride’s operational costs. Pride used part of its retained earnings over the years to acquire the new premises. We deemed it cheaper to have our own home than continue renting, in order to reduce operational costs.

CSR

As a responsible corporate citizen that puts the well being of its customers and communities at the centre of its operations, Pride supported a number of CSR causes in 2013. Apart from the Scholarship Scheme highlighted earlier, other key activities supported include the following;

  • The fundraising dinner for Nabagereka Development Foundation (NDF). The fundraising was for the immunization and maternal health programs championed by the Nabagereka in Buganda Kingdom.
  • Providing support to individuals for operation and treatment of various ailments including cancer, brain tumor and installation of prosthetic arms.
  • Donating jerricans and washing soap to Kasese flood victims through the Red Cross Society, Kasese district office.
  • Feeding program covering 4 months for Rahab Uganda, an NGO that focuses on rehabilitating sexually abused girls.
  • Feeding program covering 3 months for orphans of Yesu Natamba Primary School based in Rukungiri district.
  • Contribution to the 2nd Annual Rotary Cancer Run organized by Rotary International.
  • Providing support to Isaiah Katumwa’s Jazz concert aimed at building a Well at Kakunyu School for Children with Special Needs in Masaka district.
  • Completion of the Presbytery (Father’s House) at Kanyanya Catholic Parish.
    Support to Joy Elderly Care Uganda through purchase of mattresses for the elderly under their project dubbed ‘Mattress Project’.
  • Financial Literacy workshops and mobilization activities for Uganda Tailors Association.
  • Organization of the Big Birding Day by Nature Uganda aimed at protecting birds and their habitat.
  • The 2013 MTN Marathon, with the aim of providing safe water to the people of Karamoja.
  • National Prayer Breakfast organized by the Uganda Parliamentary Association.
    Annual mass wedding for Seguku Worship Centre Church to enable cohabitating couples legalise their marriages.
  • Contribution towards  church construction at Christ the King parish- Rukungiri
    Support to Disabled Women Designers Organization (based in Rubaga Division, Kampala) towards a fundraising event to put up a permanent business centre.It is our pledge to continue extending support to activities that improve the welfare of the community in line with Pride’s CSR policy.