Stanbic Bank launches UGX.60b support to schools ahead of reopening
Stanbic Bank CE Anne Juuko (center) with Ministry of Education’s Director of Standards (right) and Hajji Mustafa Nanfumba the Director Mpiigi Mixed Secondary School at the press conference
Stanbic Bank Uganda has earmarked UGX60 billion booster financing to be acquired by the schools to be able to reopen after two years of closure.
Under the discounted booster finance, schools are able to borrow up to UGX500M in collateral-free (unsecured) loans to prepare their institutions for reopening. Parents can also access up to UGX250million in unsecured loans processed digitally and disp
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