Rica Financial solutions and business consultancy is a Christian microfinance institution (MFI) promoting economic and holistic development for families , churches and communities of the Republic of Uganda through the provision of microcredit and complementary services. Rica was founded in February 2011 by Richard Mbabazi and Nangobi Cathy Mbabazi in response to the needs of those suffering under the bondage of poverty throughout Uganda. It was registered in November 15th 2011 with the Registrar of companies. To date , Rica is proud to mention that it has over 1,667 members. Since 2011 , Rica’s micro credit program has provided loans and training for thousands of small scale entrepreneurs , disadvantaged families, and even churches in Uganda. RICA is committed to continue building a business model that follows industry best practices.
Nangobi Cathy Mbabaz, CEO
Our Vision is to Empower Individuals and Transform Lives and Communities
To glorify God as we network and strengthen the capacity of the active poor for a holistic response to eliminate poverty through provision of micro credits and other projects.
- To Achieve abroad and deep outreach of clients
- To have a significant impact on communities by facilitating holistic transformation in clients’ businesses, families and churches
- To become a self-sufficient microfinance institution.