Discover LUICO: Our Journey, Vision, and Values
Established in 2002 and commencing full-fledged operations in 2016, Luico Ltd proudly serves as the dedicated investment arm of the Evangelical Lutheran Church in Tanzania (ELCT). Our core mission is to act as the economic powerhouse within the church, with a primary objective of wealth generation. The wealth we create is meticulously directed to support a range of vital social inclusion programs championed by the ELCT.
Our Mission
At LUICO, our unwavering mission revolves around the generation of wealth for a higher purpose. We are committed to fueling the social inclusion initiatives of the church, which encompass a diverse array of services. These services encompass special and mainstream educational institutions, colleges, universities, hospitals, and health centers. Notably, these institutions are strategically situated in rural areas, with a specific focus on reaching out to low-income communities and marginalized individuals.
Our Legal Framework
LUICO Ltd is a duly registered limited liability company in accordance with the Companies Act of 2000 in Tanzania. We operate within the mainland of Tanzania and adhere to the highest standards of ethics and legality.
Our Ultimate Goal
The ultimate goal of LUICO is to actively create and manage the diverse properties allocated to the ELCT throughout Tanzania. Through effective property management, we aim to optimize the church’s resources and, simultaneously, explore opportunities in the real estate sector. By doing so, we contribute to the overall growth and sustainability of the ELCT’s mission and the betterment of the communities it serves.
New
Clients
Real
Estate
Sold
Plots
Core Values
LUICO’s core values are the guiding principles that define our identity and drive our actions. These values form the foundation of our organization and reflect our commitment to excellence in every facet of our work.
Discipline
Diversity
Integrity
Innovation
Stewardship
Intrapreneurship
Achievements
Real Estate: LUICO Real Estate made a significant impact in serviced plots across three key cities in Tanzania, catering to various income segments and strategically positioning projects.
ICT: LUICO pioneered a Management Information System (MIS) and Enterprise Resource Planning (ERP) system for streamlined operations, along with an innovative digital hymn book.
Training: LUICO Training inspired church leaders to embrace entrepreneurship and revenue generation, leveraging Tanzania’s abundant resources for social and economic sustainability.
It’s always a joy to hear that the work we do, has positively reviews.
We have spent 7 years working for one of Tanzania’s most recognized and successful investment companies, so we have received many positive reviews for our work. Here, we have selected some of them.