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Sep 2 results
17:11
17:11

Opposition Suggests Closure of Agricultural Credit Facility budget 1

Introduced in the financial year 2009/2010, the government, in partnership with commercial banks and Micro Deposit Taking Institutions, set up the 60 billion Shillings Agricultural Credit Facility to provide medium and long-term loans to projects engaged in agriculture and agro-processing on more favourable terms than they are usually available from commercial banks.
11:41
11:41

Farmers Yet to Access Agricultural Credit Facility bank of uganda 2

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.
Sep 2 results