LUICOLUICOLUICO
+255 733 370 600
info@luico.co.tz
Arusha, Tanzania

About us

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.

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At LUICO LTD, we are driven by a commitment to elevate and empower lives. We are dedicated to making a significant and lasting impact on the well-being of those we serve. Join us on this journey of purpose-driven wealth creation and responsible real estate management, as together we make a meaningful difference.

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

We maintain unwavering discipline in our actions, decisions, and investments, ensuring consistent progress towards our financial objectives.

Diversity

We embrace diversity in sectors and investment strategies, actively seeking opportunities across various industries to build a resilient and robust wealth portfolio.

Integrity

Integrity is at the core of our operations. We are committed to upholding unwavering integrity, fostering trust among stakeholders, and safeguarding our reputation.

Innovation

We continually embrace innovation, exploring new and creative ways to identify, assess, and pursue profitable investment opportunities.

Stewardship

We recognize the responsibility that accompanies financial success. As dedicated stewards of wealth, we utilize our resources to support causes that bring positive impacts to communities, particularly in the realm of evangelism.

Intrapreneurship

We value and nurture an intrapreneurial spirit within our organization. We encourage every team member to innovate, take calculated risks, and drive positive change. By empowering our employees to act like entrepreneurs, we fuel our company's growth, foster innovation, and adapt to an ever-evolving world.

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.

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Testimonial

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.