Loans Can’t Bail Out Our Rural Poor

“I have a sister who has a small shop and she is in four savings and loan groups. She has to service each of the loans once a week, which takes a minimum of four hours per day each time. This means that her business is locked for four hours a day for four days… Continue reading Loans Can’t Bail Out Our Rural Poor

49.9 bn Agricultural Credit Fund Unused

The Agricultural Credit Facility (ACF) is a Government of Uganda (GoU) programme that was established in 2009. A document that is published online by the Bank of Uganda (BoU), a brief for clients, explains the ACF and its purpose as follows: “The ACF was set up by the GoU in partnership with Commercial Banks, Uganda… Continue reading 49.9 bn Agricultural Credit Fund Unused