Agriculture Loans

AGRICULTURE LOAN

The purpose of this loan is for acquisition of high quality agricultural inputs, agricultural machinery and equipment, irrigation and water harvesting technologies, post-harvest handling technologies, farm establishment costs and payment of the agricultural insurance premium. 

LOAN FEATURES

  • Loan Amount: Between 100,000UgX and 100,000,000 UGX for individual.
  • Loan period: Not exceeding 3 years.
  • Grace period: Not exceeding 3 months and on request from the applicant.
  • Interest rate
    2% per month on straight up to 9,999,999 UGX
    2.5% declining on 10M and above
  • Frequency of payment: Monthly / Quarterly