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▶️ Small businesses to get loans at 10%

Banks have been giving the excuse of the absence of those guidelines to deny our people who wanted to access the money for their businesses.

The central bank said the interest rate has been fixed in order to benefit the small and medium enterprises (SMEs) currently struggling with liquidity issues, resulting from the COVID-19 pandemic.
By: NewVision Reporter, Journalists @NewVision

BOU | SMALL BUSINESS | RECOVERY FUND 

KAMPALA - Bank of Uganda (BOU) has fixed the interest rate for the Small Business Recovery Fund at 10%, making it

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Tags:
Business
Bank of Uganda
Business Recovery Fund
Small and medium enterprises
COVID-19 pandemic