Purpose
Working Capital, Agricultural/Agro processing of raw materials, Intermediate products, Agri inputs, Equipment acquisition and Grains Trade Finance. Rural transport vehicle/infrastructure and so many more.
Target Groups
Private business, Individual farmers engaged in Agriculture and agro processing. Also cottage industries based on locally available raw materials and labour.
Facility – Type Term Loan / Working Capital
Limit Maximum – UGX 200,000,000
Tenor
- Crop raising tenure of the crop plus cushion for marketing & receipt of payment time lag period.
- Max 48 months for the agro processing, Farm Mechanisation and equipments taken for hiring services to individual farmers, subject to availability of cash flows for repayment of loan.
- Max 12 months the grain trade finance subject to annual review.
- 36 Months for tractor financing & 24 months for implements by individual farmers.
The finance could be under Bank’s own scheme or under Govt’s ACF scheme, tie-up arrangement with suppliers of machinery/goods. How till approval from BOU under ACF scheme or non-approval by BOU, the finance shall be under Bank’s own scheme as per terms and conditions of specific scheme.
