Small Business
What are the terms and conditions under Small Business Recovery Fund?
i. Loan Amount The maximum loan amount to a single borrower is UGX 500 million; however, there is no minimum loan amount. ii. Loan Term The minimum loan period is 6 months, and the maximum is 4 years with a maximum grace period of 1 year, depending ...
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 ...
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 ...