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Define the Agricultural Credit Facility.
The Agricultural Credit Facility is a partnership between the Government of Uganda, Bank of Uganda, Uganda Development Bank, Commercial Banks, Micro Deposit-Taking Institutions, Credit Institutions and SACCOs regulated by Bank of Uganda, all referred ...
Who is eligible to borrow under the Agricultural Credit Facility, and what projects are eligible for financing under the Fund?
All individuals, groups, partnerships, companies, and SACCOs operating in Uganda and involved in agriculture, agro-processing, and grain trade are eligible for financing under the Agriculture Credit Facility. Almost all activities along the ...
Which projects are not eligible for financing under the Agricultural Credit Facility?
The projects that cannot be financed under the Agriculture Credit Facility include: working capital for trading in agricultural commodities other than grain trade, planting trees, purchasing land, and refinancing existing loans.
What are the terms and conditions under the Agriculture Credit Facility?
i. Loan Amount The maximum loan amount to a single borrower is UGX 2.1 billion but this amount can be increased on a case-by-case basis for eligible projects that add significant value to the agricultural sector and the economy as a whole. ii. Loan ...
What is Small Business Recovery Fund?
The Small Business Recovery Fund is also a partnership between the Government of Uganda, Bank of Uganda, commercial banks, credit institutions, Micro-finance deposit-taking institutions and SACCOs regulated by Bank of Uganda; all collectively known ...