The fund is administered by Bank of Uganda through selected commercial banks. Under the service, government finances 50 percent of the total credit sought while the banks provide the other 50 percent. The loans have a three year grace period and a 10 percent annual interest rate.
Felix Irumba, a farmer in Kaina parish who has been depending on rice production to earn a living says that he sold four acres of his garden at 7 million Shillings to enable him pay school fees for four children in secondary school. He explains that maintaining his land during the dry spell is quite very expensive.