Financing Instruments & Financing Providers

Personal entrepreneur mobile loans

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

• Money transfer for micro businesses

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

• 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

Loan Purpose:

• For financing of agricultural inputs, production, processing, marketing and distribution

One valid ID photo

• Hold a current or savings bank account
  
• Account managed responsibly
  
• 5,000,000 as Minimum net worth of the firm

• Account statements
  
• Annual bank statement 

• 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

• 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)

• 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)

• Hold a current or savings bank account.
• Good credit record for applicants.

• Completed loan aplication form
• Financial card

• The Women’s Business loan is for women engaged in micro, small and medium businesses who wish to borrow as individuals for long and short term Investments such as adding capital into business, purchase of shares, import and export business.
  
• Enables women to increase their working capital
  
• Enables women increase their income
  
• Loan is payable in manageable installments
  
• Up to 5 years loan period

• Borrower must be a woman
  
• Must have and FTB account
  
• Must be 18 years of age & above
  
• Must have a legal business that has been in existence for at least 6 months
  
• Registration to CRB is mandatory
  
• Sufficient collateral for the loan
  
• Guarantor

All Income generative activities

• Business registration documents
  
• Financial reports

• 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)

For Profit making business

Financial Card

Business must be registered or operating in the countries where KCB bank operates

• A completed loan application form
• A business proposal on the proposed project
• 6 months bank statement

• Hold a current or savings bank account
• An entrepreneur or company holding 50% shares

• Financial card
• Company profile

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

• Financial card
• Company profile

Small Business loans

• Should possess a Certificate of incorporation
  
• Should be involved in profit making business for at least two years
  
• Certificate of incorporation
  
• Copy of partnership deed
  
• Memorandum and articles of association

• 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

The Small Business Loan, is a short to medium term credit facility aimed at financing business growth in the Small and Medium business segments.
Bi-monthly, monthly& quarterly depending on a client’s business cash flow cycle

• Application Form
• Business Trading license.
• Bank Statement for at least 6 months.
• Cash flow projections for at least 12 months – to be prepared by the Bank’s Relationship Managers after looking at basic source documents, interviewing the customer and visiting the client’s business premises.
• Copy of Valuation report prepared by a bank-approved valuer(s) where applicable.
• Client to sign affidavit in addition to land sales agreement.
• Spousal consent for all security where applicable

• Flexible Repayment period 3-36 months
  
• Interest charged on reducing balance.
  
• Up to UGX 120 million
  
• Flexible collateral requirements

• An active Savings account
  
• Business must be legal
  
• Trading licenses
  
• Financial Card
  
• Loan processing fees
  
• At least 12 months experience in the business to be funded
  
• Acceptable collateral

• Businesses must be more than 1-year old and registered in Kenya or Uganda.
• Generating monthly revenue of UGX 7,000,000 or above and,
• Employing more than 4 full time members of staff

• Certificate of incorporation, Financial reports

• Possession of a trading licence
• Credible guarantor
• Trading License
• Letter of Guarantee
• CRB registration

Land loans and advice on purchasing land

• Copy of financial card, valid ID and Passport photos
• Spousal Consent for married customers
• Spousal consent or statutory declaration for marital statuses
• Proof of borrowers income
• One reputable guarantor

• FINCA Small Business loan
• Facilitates business performance and growth
• Personalized repayment plan
• Loan amount depends on business performance
• Competitive interest rates

• Minimum age of 18
• Active Business for atlest 6 Months
• Guarantorship Financial Card
• CRB registration
• Trading License
• Individual borrowers with active businesses
• Applicant must be 18 years and above
• At least 6 months of business existence and activity
• Possession of proof of business preferably trading license
• Two guarantors
• CRB registration (Card or Number)
• Possession of an acceptable form of collateral

Seed-stage, for-profit social ventures based in Sub-Saharan Africa with a focus on improving access to products or services.

• Not specified

• SMEs dealing in agribusiness only and can be accessed through ABI Implementing partners who are Financial Institutions.

• Legally registered agribusinesses
• More than 3 years in existence with audited financial reports
• Innovation and level of contribution to the Project Budget in cash
• Applicant should be fully tax and NSSF compliant

• A Security Deposit Or Hard Collateral
• 2-3 year track record
• Company should have positive flow
• Sales of at least 150,000 USD

• 2-3 years audited reports
• Solid business plan

• 2-3 year track record

• Company should have positive flow

• Sales of at least 150,000 USD

• 2-3 years audited reports
• Solid business plan

Agricultural cooperatives and SMEs or committee based organization not employing more than 100 workers with maximum annual sales of more than 500,000 USD

• Application template
  
• Proposal

• Have an active bank account with Stanbic bank
  
• Possession of collateral

• Financial card
  
• Trading license
  
• Valid IDs

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

• 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

• Capital need of less than US 500k, typically between USD 100-300k in a first round
• Never had external equity investors.
• Limited collateral.
• Early stage or early growth

• Audited financial statements
• Financial forecasts
• Business registration documents

Qualifying businesses must be:

• SMEs and National Research Institutions in the priority value chains of coffee and Cocoa.
• Business support organizations in coffee and cocoa. The request must be between 50 & 55% of the total eligible cost.

• Business registration documents.
• Financial reports.

• Compliance with our ESG criteria
• Strong track record and solid customer base
• Max. turnover €10 Million
• Min. turnover €300k (Uganda €100k)
  
• Break-even situation (at least operational profit)
  
• Solvency: min. of 20% after investment
  
• Own contribution: min. 20% (ration 1€ to 4€)
  
• At least 2 years (audited) financial statements

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

• A detailed bankable project proposal/ feasibility report

• Business operating in a country where they have an office.
• Business needs medium term loan capital between: US$100k and US$1.5M.
• Applicant’s business is for profit
• Applicant’s business has a turnover of less than US$ 15 million and assets less than US$ 6 million.
• The business is owner-operated and/or the owner is substantially involved in running the business

• Business Plan and Projections, Financial Information, Shareholders Information, Identity Documents
• Application form is on https://grofin.com

• Active in the Food & Agriculture sector
  
• Track record in sales of agricultural products and able to demonstrate long term (export) trading relationships
  
• Financing requirement: working capital or income-generating assets.
  
• Profitable results (over the last three years), with future
  growth prospects
  
• Financially sound and able to produce audited financial statements

• Audited financial statements
• Financial forecasts
  
• Business registration documents

Prior to applying, please take a moment to verify that your business meets these qualifications. This form is also available in Spanish and French.

• Years in Operation: Minimum 3 years of business operations.
• We focus on financing for agricultural businesses, cooperatives and related enterprises.
• We do not lend directly to individual farms.
  
• Minimum Annual Revenue: $250,000
  
• Location: Must be legally established in one of Root Capital’s lending countries within Africa, Latin America, or Southeast Asia (see sidebar).
  
• Documentation: Must present audited or management-prepared financial statements from the past three years.
  
• Products & Services: Must be active in one or more of our focus industries: coffee, cocoa, honey, tree nuts, vanilla, grains, oilseeds, and other staple crops.
  
• Commercial Relationships: Must have strong relationships with established buyers and at least two professional references.
  
• Once you have submitted this form, a member of our team will contact you within one week to inform you if your business is eligible to apply for Root Capital financing, or to inquire further about your work.

Request a Loan

• Complete this form to learn whether your business is eligible:
  https://rootcapital.org/request-a-loan/ 

• Authority to borrow granted by relevant Ministry in case of financing
• Hold a Current or Savings account with the Bank
• Projected cash flow statement

• Projected cash flow statement
• Valid license for the business being undertaken.
• Memorandum and Articles of Association or Partnership deed

• Track record: minimum one year audited financial records and positive reputation with banks, suppliers and customers
  
• Excellent management team with good entrepreneurial quality
  
• Well-researched and realistic marketing plan
• Growth trend shown in historical and forecast demand volume
  
• Competitive advantage: regionally competitive cost of production, product quality matching or exceeding regional industry standards
  
• Stable prices: increasing or stable forecast product prices

• A brief description of the business, including its organization structure and ownership
  
• Details of products, markets and distribution channels, including A business plan going forward that clearly sets out the company’s growth/expansion plans, key assumptions, major risks and financial forecast for at least five years.
  
• Copies of audited financial statements for the preceding two years including a copy of the business’s most recent management accounts and a description of the current financial position.
  
• Details of the social impact of the business.

• Social enterprises that had collected solid evidence on the effectiveness of their approach,
• reached a certain scale (typically 3-10 MUSD in annual expenditures),
• built high-quality systems for financial management and impact monitoring,
• attracted highly skilled managers and built a track-record of good cooperation with all relevant stakeholders

• 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.

• 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

All African SMEs with a valid operating license

• Business registration documents
• Audited financial reports

• Innovations with the potential to scale to reach millions of people living on less than $5 PPP a day.
• Innovators must have relevant expertise and capabilities to achieve success

• Description of the innovation

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

• No security required
  
• Atleast12 months bank statetement for sole proprietors

• Financial Card
  
• Complete Loan Application
  
• Sales Agreement

• Innovative projects aimed at strengthening financial inclusion among marginalized groups

Small business grants and loans schemes through the British High Commission in Kampala