A microfinance institution built for the customer it actually serves.
Baikal was founded to put productive credit in the hands of working Ugandans — boda riders, small traders, and households who keep the country running.
Discipline first. Always.
Microfinance fails customers when it forgets the basics: real affordability checks, real collateral, real follow-up. We built Baikal on those basics from day one.
Every loan we make is underwritten on what the borrower actually earns, secured where possible by the asset we finance, and serviced on a live ledger we monitor minute by minute.
That discipline lets us scale responsibly — and it's why partners and regulators trust us.
Built deliberately.
- Early 2025
Baikal Financial Services Uganda Ltd incorporated. UMRA Tier 4 microfinance license issued.
- Mid 2025
First bike disbursements. Head office opens in Bukoto/Ntinda.
- Late 2025
Rubaga branch opens. 500+ active borrowers; portfolio reaches a sustainable run-rate.
- 2026
Mukono branch opens. 750+ active borrowers. Cash-loan pilot begins.