Comprehensive financing solutions for Uganda's agricultural sector
Uganda Development Bank (UDB) offers specialized agricultural financing solutions designed to support the growth and development of Uganda's agricultural sector. As the country's national development finance institution, UDB provides medium to long-term financing for projects that contribute to the economic development and social progress of Uganda.
The Agricultural Finance program targets various segments of the agricultural value chain, from primary production to processing and marketing. The bank's agricultural financing is aimed at enhancing productivity, promoting value addition, and improving market access for agricultural products.
Below-market interest rates ranging from 10-12% per annum, significantly lower than commercial banks.
Long-term financing with repayment periods of up to 15 years, including grace periods of 1-3 years.
Accepts various forms of collateral including land, equipment, and in some cases, project cash flows.
Access to business advisory services, technical support, and capacity building programs.
UGX 100M - 10B
10% - 12% p.a.
Up to 15 years
1-3 years
2-3 months
Minimum 30%
Uganda Development Bank (UDB)
UDB Headquarters, Rwenzori Towers, Plot 6 Nakasero Road, Kampala
Tel: +256 414 355 500
Email: info@udbl.co.ug
UDB finances a wide range of agricultural projects including primary production, agro-processing, agricultural infrastructure, and marketing initiatives across various value chains.
The application process typically takes 2-3 months from initial application to disbursement, depending on the complexity of the project and completeness of documentation.
UDB primarily finances registered business entities. Individual farmers are encouraged to form cooperatives or register their farming activities as businesses to access UDB financing.
UDB provides business advisory services, capacity building programs, and technical assistance to help borrowers implement their projects successfully and sustainably.
A dairy cooperative in Western Uganda received UGX 2.5 billion to establish a modern milk processing plant. The project created over 200 jobs and increased income for 1,500 dairy farmers in the region.
A grain processing company secured UGX 4 billion to expand its operations, including the installation of modern milling equipment and storage facilities, benefiting thousands of grain farmers.