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Primary Agriculture

We finance projects working towards increasing production and productivity of Agriculture at farm level for both smallholder and large-scale farmers, making consideration for the changing climate situation in Uganda.

The funding is intended to enable farmers access needed inputs such as seeds, fertilizers and others. The Bank also supports acquisition of appropriate technologies that aid production, post-harvest handling and storage facilities. We focus on the 12 enterprises as identified in NDP 2, namely Cotton, Coffee, Tea, Maize, Rice, Cassava, Beef, Milk and several others.

Key Features

  • Funds can be accessed in local currency and USD.
  • Up to 15 years repayment period
  • Up to 3 years grace period
  • Competitive interest rates
  • Attractive repayment terms
  • Financial and sector-based advisory services

Target Client.

  • Primary and secondary Cooperative societies.
  • Cooperative unions.
  • Associations
  • Limited companies.

Eligibility

Legal Form: Applicants must be incorporated entities, cooperative societies and duly registered farmer associations.

Exposure Limits: The project must have an equity contribution of 60% of the total project cost if it is a start-up and 40% if it is a going concern.

Collateral: Adequate collateral is required, preferably landed property.

Consultation & Enquiries

UDB welcomes and encourages projects sponsors to contact the Bank after reading this information, for preliminary discussions before submitting their applications.

Agro-Industrialization

The Bank will consider any feasible project that adds value to primary agricultural production. This includes acquisition of machinery, construction of processing plants among others. Priority is accorded to investment in Cotton, Coffee, Tea, Maize, Rice, Cassava, Beans, Citrus fruits, Rice, Dairy, Fish and Beef.

Key Features

Funds can be accessed in local currency and USD.

  • Up to 15 years repayment period
  • Up to 3 years grace period
  • Competitive interest rates
  • Attractive repayment terms
  • Financial and sector-based advisory services

 

 

 

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