Finrad Limited is a for-profit organization dedicated to mobilizing capital to drive social progress (social enterprise) in Uganda. We believe that everyone regardless of the level of education and financial status deserves the opportunity to contribute towards the global development effort. Social impact financing can play a catalytic role in creating these opportunities. Core to our work is the development of digitally funded community financing also referred to as Circle Crowdfunding. An innovative funding model, Circle Crowdfunding helps to measurably improve the lives of people in need by driving government resources toward better, more effective programs.
*Circle crowdfunding was coined as a new term by Finrad Limited ( February 2018)
Our History
Inspired by the work of various charity agencies in Uganda, Vine Aure and Gloria Kalule founded FINRAD Limited in November 2012 to bring the Social Impact Bond model to Uganda. Finrad Strategy was chosen as a brand name for our Social Enterprise in response to the need for radical strategies to reduce the socio-economic, technological, educational and health inequalities in Uganda. We hope that as the global political climate reduces the reliability of foreign aid, Finrad Strategy will be a leader in making Uganda self-sustainable.Through Citizen Science , Social Finance , and Social Technology we hope to bring locally applicable solutions and opportunities to the disadvantaged in Uganda and help this country to achieve its development goals.........by all radical and legal means possible!
Our Values
Our work rests on four pillars: social justice, performance, collaboration, and integrity.
Social Justice
The well-being of people is at the center of all that we do; we are committed to the equity and fairness among individuals we serve, our team, and our partners.
Performance
We are guided by the need for community self-reliance and sustainability; a profit to generate more charity.
Collaboration
We crowd-source and build strong, enduring relationships across sectors to produce unconventional solutions.
Integrity
We seek for the highest standards of accountability and transparency in the management of aid to the disadvantaged.