Who is responsible for sensitizing the public about the loans available through the Agricultural Credit Facility and the Small Business Recovery Fund?

The Bank of Uganda is responsible for sensitising the general public about the availability of the Agricultural Credit Facility and the Small Business Recovery Fund. They conduct public outreach through various channels, including in-person events, print media, and digital platforms. This includes workshops, radio broadcasts, televised interviews, web portals, and publications in newspapers and magazines.

• Related Articles

• How does someone access the Agricultural Credit Facility and Small Business Recovery Fund?

  Eligible borrowers can access the loan only through the Participating Financial institutions, banks and SACCOs regulated by the Bank of Uganda. All potential borrowers must have an active account with Participating Financial Institutions, a valid ...

• Does one require collateral to access a loan under Agricultural Credit Facility and Small Business Recovery Fund?

  Both the Agricultural Credit Facility and Small Business Recovery Fund have to be adequately secured. For grain traders, the grain stock can form part of the security, and for asset financing, the purchased asset can act as the security.

• 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 ...

• 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 ...

• 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.