Agricultural Loans

Target Farmers

Farm Structure and Equipment Processing Animal and Crop Production

Boost production of farm enterprises through enabling the farmer buy animals or seeds,fertilizers, pay for labour or technical services,pay for clearing, ploughing and planting.

Credit Foncier understands the specific needs of SMEs and offers a complete solution by providing appropriate finance and business assistance, as well as empowering businesses through knowledge sharing; Credit Foncier increases the probability of success and profitability for SME businesses by providing both financial and professional support from an experienced team of committed staff.

Basic Requirements

• Must be above 18 years
• Must have 2 seasons experience
• Funding only up to to 50% of enterprise
• Access in a group or as an individual
• Poultry keepers, Cattle and goat keepers, Cereal crops, Banana, Vegetables and fruits
• Financing is available for enterprises that directly support agriculture production through provision of farm inputs, easing access to markets, processing produce from farm or stocking the produce

Target Farmers

• Loan size: 100.000 – 5 million
• Loan period: 4-12 Months
• Interest rates: 4% reducing
• Grace period: Applicable
• Security: Land,Chattels,Guarantees

Salary Loans

Target Customers

Salaried employees with a monthly fixed income

This Loan is intended for individuals with a regular salary from a reputable firm. The loan can be used for both personal development or consumption.

Basic Requirements

• Must be above 18 years
• A current employment for more than 12 months
• Provide 3 most recent payslips
• Provide a 6 months bank statement
• Provide a contract or employment letter
• Employer has signed a memorandum with AUMF
• Provide proof of loan purpose

Main Features

• Loan size: 200.000 – UGX 5,000,000; Loan period: 4 – 24 Months
• Interest rates: 4% fixed per Month; Other Charges: Application fee 3%; Credit life Insurance 1.5%
• Security: Guarantors(2)/Chattles/ Land sales Agreements/ motorvehicles/ Land title

Individual Loans

Target Customers

Retail and Wholesale shops, Mini Supermarkets and Groceries, Transport – Taxi and Boda Bodas, Salons and Barber shops, Institutions like Schools, Hardware, General Stores, Clinics, Pharmacies and Drug shops

Advance Individual Business Loan

This Loan is intended for individuals with own enterprise and would like to grow their business through increasing stocks, paying for rent, paying workers, improvements on rental units or paying for any other business activity.

Basic Requirements

• Must be above 18 years
• Must have been in business for 12 months
• Must provide current trading licence
• Provide proof of home/business ownership
• Have some records of business income
• Provide proof of loan purpose

Main Features

• Loan size: 500.000 – 100 Million
• Loan period: 4 – 24 Months
• Interest rates: 4% Per Month
• Other Charges: Application fee 3% Credit life Insurance 1.5%
• Security: Guarantors(2)/Chattles/Land sales Agreements/ Motorvehicles/ Land Title