FINANCIAL SERVICES

We currently provide loan finance for businesses within our target market. Our loan terms are flexible and affordable. Please see our current loan products. 

 

FDF BUSINESS LOAN

The FDF business loan specifically targets businesses involved in agriculture, industry and technology sectors. It is a full product that finances a wide variety of business needs from working capital to asset purchases.

Product features

  1. 2% monthly interest rate on reducing balance
  2. Loan analysis fee of 3% of loan amount disbursed
  3. Credit life insurance for individual borrowers at 1.2% of loan amount disbursed
  4. Flexible repayment period up to 24 months
  5. Accessibility to grace period on the first loan instalment
  6. Free business training, awareness and advisory

 

Eligibility criteria

  1. A business in the target market
  2. Individuals must be 18 years and above
  3. Business and residence located within the branch’s reach.
  4. At least six months experience in particular business for industry and technology sectors. At least one year’s experience in particular business for agricultural production.
  5. At least one off farm income activity for agricultural producers
  6. Collateral (movable & immovable collateral accepted for example business equipment, motorcycle, vehicles, household property, land, buildings)
  7. Personal guarantor
Last modified on Friday, 21 August 2015 12:47
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About us

  • Focal Development Finance Limited is a not-for-profit development finance institution established in September 2014 to respond to the needs of micro and small enterprises, low income households particularly in housing and infrastructural bottlenecks in Uganda.

F.D.F BUSINESS LOAN

The FDF business loan specifically targets businesses involved in agriculture, industry and technology sectors. It is a full product that finances a wide variety of business needs from working capital to asset purchases.

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