Financing Instruments & Financing Providers

Seed funding, Scaling

• Mobile phone–based financial services or business models built on mobile payment platforms.
• Specialized credit assessment or delivery models.
• Online or social media platforms for enabling financial access.
• Pay-as-you-go, collaborative consumption, and
• New products for people living in poverty.

• Proof of business ownership,
• Business plan

Scaling ventures

• Ventures must focus on the acument pillars:
• Focus on the poor, game changing innovations that have potential to scale to millions of low-income customers, true effect on customers' quality of life over time.

Business plan.

financial plan.

marketing plan.

The company must be legally registered and have audited financial statements.

All legal requirements and documents must be in place.

To stimulate the growth of Small and Medium Agri-businesses (SMAs)

• Proven business model (and full business plan and financial operating history for larger investments)
• Strong management team
• Potential for long-term growth
• Potential positive impact on people, economies and the environment

• Full business plan and financial operating history for larger investments

Easing access to finance for African MSMEs

All African SMEs with a valid operating license

• Business registration documents
• Audited financial reports

Supporting small holder farmers

• Awarded to organizations that have been determined to posses the operational capability, technical expertise, adequate internal controls and experience to implement Agra transformative agenda.

• Concept notes
• Proposal

Financing solutions to keep your agricultural business up and running. 

• Must be a legal business existing for at least 2 years
  
• Have an active bank account with Stanbic bank
  
• Possession of collateral
  
  

• Business Legal documents
  
• Business' financial statements, including and income statement, balance sheet and cash flow  
  
• A 12-month cash flow forecast  
  
• Management Accounts or Audited Financials for 2 years 
  
• Cash flow statement projections.
  
• Valuation report if security pledged is land/Buildings
  
• Bank Statement from the client has been banking for 1 year
  
• Financial Card
  
• Performa Invoices for the machinery

Financing commercial farmers

• Legally registered farming group
• Hold a current or savings bank account

• Financial card
• Company profile

To promote commercialization of Agriculture

• Acquisition of agricultural machinery.
• Post harvest handling equipment.
• Storage facilities, agro processing, mechanization

• A detailed bankable project proposal/ feasibility report

Financing the agricultural value chain such as productivity enhancement, asset acquisition, bulk purchasing, collective marketing and construction of farm housing. Funding is also extended to support environmental and clean energy products.

Instant mobile loans

• Money transfer for micro businesses

• The person should be a registered Airtel mobile user who has been active for at least 6 months.

Business

• Mobile financial services

• A phone number
• A National ID
• A mobile money or bank account and,
• Collateral to secure your loan.
• National ID and application through the Asaak mobile phone

It facilitates acquisition of qualifying assets that aid production and/ or value addition in key sectors. The asset is the primary security for the financing.

It facilitates acquisition of qualifying assets that aid production and/ or value addition in key sectors. The asset is the primary security for the financing.

• Applicants must be incorporated entities
  
• 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
• Adequate collateral is required, preferably landed property

Advancing good business background and repayment capacity for asset purchasing.

• Term Working capital loans.
• Business Loans Application Form duly completed.
• PIN Certificate of the applicant.
• ID copies and PIN certificates of the directors.
• Director’s resolution to borrow.
• Audited financial accounts for the last three years.
• Business latest management accounts with current aged debtors and creditors.
• Copies of the security documents e.g. title deed, logbook etc.
• Copy of the valuation report, if available.
• Copy of the letter(s) of offer and certified loan account statements from other institutions, if enjoying other facilities.
• Bank statements for the last six months, if banking elsewhere.
• Sketch map of physical location of the business premises.
• Cash flow projections for next 12 months.
• Copy of the business registration certificate (business names).
• Copy of the certificate of incorporation (limited companies).
• Copy of the memorandum and articles of association (limited companies).
• Latest returns to the registrar of companies.
• Details of Securities offered.

To help grow Businesses

• Our secured business loans are available to businesses and individuals in business who need to finance expansion or diversify their business assets.
• Get a loan with a flexible repayment period that is based on your business and borrowing purpose.
• Offers flexible security options.
  
• Maximum tenor period of up to 5 years for capital expenditure (CAPEX) and 3 years for working capital.
  
• Repayment period is assessed on existing business cash flow and cash flow projection.

• The business should be registered
  
• The business must have been operational for the last 3 years
  
• Copy of ID cards for all Directors
  
• Copy of company TIN
  
• Certificate of Incorporation/Registration
  
• Memorandum & Articles of Association
  
• Financial reports for the past 3 years

For women involved in productive enterprises

• The product is available for women in business

• Financial card
• Identification

Finance for working capital in Business

• should have satisfactory operative Current account
• should be profit making for last two (2) consecutive financial years

• Company registration form
• Partnership deed (incase of any)

For working capital requirements

• All persons engaged in trade of any commodity / goods
• Individuals or firms shouldn't be prohibited by law nor opposed to public interest.

• Company registration form
• Partnership deed (incase of any)

To finance women in business

• Microfinance, particularly for agriculture

• Must be a women's group living and working in the same community
• Should have two guarantors
• Financial Card
• Proof of Ownership of collateral

Financing entrepreneurs with inventory/working capital/purchases for business purpose.

EFC Uganda partners with micro and small size entrepreneurs (MSEs) who need fast and efficient credit services.
The EFC Business Loan is specifically designed for entrepreneurs to provide working capital or to finance inventory and/or equipment purchases, investments, agricultural supplies or any other business related purpose. This product is intended for revenue producing activities (business) only.

• Must be an individual entrepreneur/merchant/other legal entity engaged in income generating activities
• Be of the age of majority
• Have collateral
• Financial card
• Valid trading licence

Financing institutions and corporate businesses for continuity

Our Business loan is a short to medium term credit facility to provide finance to institutions and corporate businesses for business continuity.

• Certified copies of company founding documents
• Proof of residential address
• Valid identification of business
• CRB Card
• Bank statement for at least 12 months
• Trading licence