Banking, Finance and Microfinance


We provide legal advice on various aspects of banking and finance law. We have provided counsel to various banking and financial institutions during the negotiations of development financing, many time involving huge sums of money.

Other services rendered include preparation and drafting of loan agreements, mortgages agreements, lease agreements, and all forms of security agreements.We have also provided counsel in the interpretation of agreements and instruments relating to various lines of credit and external financing facilities.

Kalenge, Bwanika and Kimuli Advocates has had the opportunity of providing such services to Stanbic Bank, DFCU Bank, DFCU Leasing, and DFCU Ltd., among others.We are also the leading firm in the provision of legal services on microfinance business in Uganda. We were instrumental in the establishment of Promotion of Rural Initiatives and Development (PRIDE) Africa Inc. one of the first microfinance institutions in Uganda.. We provided legal counsel to PRIDE Africa Inc. in its transformation from a Non Governmental Organisation to a for profit company named PRIDE Uganda Ltd. The company has since transformed into a regularized microfinance deposit taking institution under the name Pride Microfinance Ltd. and is, by far, the largest and most successful microfinance institutions in Uganda.

Our services during this transformation has included:-

  • Conducting due diligence studies,
  • Providing counsel on the transfer of assets to the new establishments,
  • Advising on how to dispose of liabilities,
  • Compliance requirements under the laws governing companies,
  • Microfinane business and other regulatory requirements, e.t.c.
  • We were also instrumental in the formulation of a law regulating microfinance business in Uganda. Other institutions that we have been associated with include the Commercial Microfinance Ltd.