Are you in agriculture and manufacturing and need affordable funding? Did you know that you can get up to UGX2 bn at 13% from PostBank?
Julius Kakeeto, PostBank Uganda Managing Director says that PostBank is delighted to partner with Uganda Development Bank to provide this much-needed funding solution, at a time it is needed most.
Agriculture and manufacturing are the second and third biggest sectors in Uganda, after services, contributing 23.7% and 27.4% respectively, after services (41.5%).
Regardless, when it comes to private sector credit extension, the two sectors’ portion of lending does not reflect their sectoral contribution to GDP, a situation made worse by the Covid-19 pandemic.
A 2020 survey by the United
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