The Agricultural Credit Facility (ACF)
Description
This was setup up by the Government of Uganda (GoU) in 2009.
Its main objective is to commercialize agriculture through provision of medium- and long-term financing for projects engaged in agriculture, agro processing, modernization and mechanization.
The scheme is administered by the Bank of Uganda (BoU) and has a revolving pool ofloanable funds amounting to UShs 60 billion.
Beneficiaries
Projects engaged in Agriculture and Agro processing, focusing mainly on commercialization and value addition.
How Money is Accessed
Uganda Development Bank Ltd (UDBL)
