Financing for Uganda’s farmers

Created: Saturday, 05 December 2009 20:50

Stanbic Bank Uganda has teamed up with the Alliance for a Green Revolution in Africa and Kilimo Trust to create a US$25mn fund for smallholder farmers and agricultural businesses previously considered too risky for lending. Mr Philip Odera, MD, of Stanbic Bank said, “This agreement opens a major avenue for farmers and other entrepreneurs in the agricultural sector to invest in their farms and seed prosperity.”