Government of Uganda · MoFPED · Wealth Creation Initiative

ACF — Agricultural Credit Facility

Started Bank of Uganda · MoFPED · Implemented by Bank of Uganda · MoFPED

A risk-sharing agricultural finance fund: Government co-funds up to 50% of each agricultural loan booked by commercial banks (70% for microfinance institutions), capping borrower interest at 12% p.a. Loans run 6 months to 8 years with up to 3 years grace.

Fund size

UGX 1.06 trn

Disbursed

UGX 1.06 trn

Beneficiaries

6,200

Repayments

Pending

Disbursement by financial year

FYProjectsDisbursedMaleFemaleTotal
2019/20609UGX 107.91 bn268104609
2020/21708UGX 117.81 bn759295708
2021/22992UGX 176.31 bn1,473573992
2022/231,107UGX 184.55 bn2,4119371,107
2023/241,292UGX 214.35 bn3,3931,3191,292
2024/251,492UGX 259.83 bn4,4641,7361,492

Sector / activity breakdown

SectorProjectsAmountShare
Primary Agriculture908UGX 149.45 bn
Stanbic Bank Uganda476UGX 83.76 bn
Agro-Processing857UGX 130.85 bn
Centenary Bank408UGX 61.80 bn
DFCU Bank466UGX 72.83 bn
Dairy812UGX 135.13 bn
KCB Bank Uganda461UGX 84.58 bn
Livestock917UGX 168.33 bn
Aquaculture925UGX 165.69 bn
Equity Bank Uganda447UGX 82.78 bn
Absa Bank Uganda435UGX 68.91 bn
Grain Trade909UGX 153.02 bn
Diamond Trust Bank259UGX 46.40 bn
Mechanisation872UGX 158.28 bn
Housing Finance Bank274UGX 46.26 bn
PostBank Uganda256UGX 43.58 bn
Bank of Africa Uganda296UGX 54.45 bn
NCBA Bank Uganda297UGX 52.84 bn
Opportunity Bank Uganda270UGX 50.90 bn
Cairo Bank Uganda247UGX 45.62 bn
Guaranty Trust Bank256UGX 42.34 bn
Uganda Development Bank310UGX 53.83 bn
Finance Trust Bank292UGX 50.24 bn
Yako Bank269UGX 43.53 bn
Pride Microfinance150UGX 27.50 bn
FINCA Uganda171UGX 25.08 bn
EFC Uganda160UGX 23.49 bn

Regional distribution

RegionBeneficiariesAmountShare
Western1,901UGX 355.92 bn30.7%
Northern1,524UGX 249.51 bn24.6%
Central1,445UGX 230.90 bn23.3%
Eastern1,330UGX 224.41 bn21.5%