Ministry of Gender Labour and Social Development
Reducing youth unemployment
2 UGX Billion
Youth between 18-30 years of age All applicants must be bonafide residents of their area Beneficiaries are un-employed, under-employed or poor Beneficiaries must be Ugandan Nationals
Certificate of registration from Community Development Officer. Proof of existence for at least a year (books of accounts records)
60
NC Bank
To provide various business entities with an opportunity to grow
NCBA Asset Financing provides tailor-made asset finance solutions. Get approval for your loan in no time, with simple documentation that means no hidden costs. On top of that, you have convenient banking with a personal Relationship Manager and favourable payment terms. We offer loans for the below products:
Commercial vehicles PSV Vehicles Buses Trucks and pick-ups Tractors and related implements School buses Office equipment Contractor equipment Industrial equipment Medical and Laboratory equipment
The business should be registered
Numida Technologies
225 806 452 UGX
We support semiformal micro and small businesses with digital working capital loans of $100-$5000 disbursed via mobile money. Entrepreneurs can access credit in as little as 2 hours from the comfort of their business. No paper work, no collateral, no lengthy wait times. Our proprietary underwriting process enables us to verify businesses remotely and grow loan limits appropriately ensuring that Numida and our clients succeed.
A registered business Registered mobile money number, Numida mobile app National ID Trading license
1
Opportunity Bank
To finance businesses with working capital for expansion and growth
42 UGX Billion
Boda Boda loans
This is a loan product for motorcycle riders who want to aquire and or expand on their business. 3.3% Set up fees of loan amount Stamp Duty is UGX15,000 of loans above 3M Calculation of interest; Reducing Balance
Business should be operational for at least 12 months Possession of a Certificate of Incorporation Initial Deposit of UGX 500,000 Open an account with OBUL Must have a Rider's permit CRB Search fee of UGX15,000 Application fees of UGX20,000 Operate from a recognized stage Recommendation letter from your area of residence Recommendation letter from your association Three guarantors(1 from family, 1 from association,1 from your stage) Financial Card
120
Bank of Baroda Uganda
For working capital requirements
322 580 645 UGX
• 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)
48
Bank of Baroda Uganda
Finance for working capital in Business
322 580 645 UGX
• 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)
24
Orient Bank Limited
Financing land acquisition to Business people and SMEs
No security required Atleast12 months bank statetement for sole proprietors
Financial Card Complete Loan Application Sales Agreement
60
Favourite
Financial Sector Deepening Uganda (FSDU)
DFID (Department For International Development)
Financial inclusion for marginalized groups
Innovative projects aimed at strengthening financial inclusion among marginalized groups
Favourite
The Northern Uganda Entrepreneurship Project (Nuyep)
DFID (Department For International Development)
improving the livelihoods of youth in Northern Uganda
Small business grants and loans schemes through the British High Commission in Kampala
Ecobank
Working capital, real estate construction or acquisition and capital expenditure financing
Business must be registered or operating in the countries where Ecobank operates
Hold a bank account in Ecobank, Business registration documents
60