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.
Related Articles
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 ...
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 ...
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 ...
Which projects are not eligible for financing under the Small Business Recovery Fund?
Any agricultural project eligible for financing under the Agricultural Credit Facility and projects that have previously benefited from the Agricultural Credit Facility cannot receive funding through the Small Business Recovery Fund.
Who is eligible to borrow under the Small Business Recovery Fund, and what projects are financeable under this fund?
All small businesses, whether operated by individuals, groups, partnerships, or companies, are eligible to borrow from this fund, provided they have sufficient cash flow to support the loan repayments. However, borrowers who have already benefited ...