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Posted By in AgriProFocus Rwanda
Posted 24 December 2018 at 10:15

Rice value Chain B2B delivers commitments to attract investments and synergy among stakeholders

Kigali, Rwanda – 19 December 2018: Our rice value chain B2B event concluded Tuesday with ambitious commitments to design and introduce financial products that are responding to the needs of value chain actors.

The purpose of the Business to Business event was to link rice value chain actors and supporters to connect, collaborate, and create synergy in business. Around 100 stakeholders attended, including rice farmers, processors, government officials (MINAGRI and MINICOM), representatives of financial institutions like KCB Bank Rwanda, Equity bank Rwanda, Umutanguha ltd, Duterimbere IMF ltd, BDF fund, Access to Finance Rwanda, and representatives of development partners working in rice value chain in Rwanda, to name a few.

Participants were re-introduced to the STARS initiative. STARS is an acronym that stands for Strengthening African Rural Smallholders, a five-year initiative that aims to reac

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Posted By in AgriProFocus Uganda
Posted 5 April 2016 at 04:40

Am Mugisha Francis Working with one of leading commercial banks in uganda working  as Agriculture Loans Officer, We finance all actors in the agriculture value chain i.e Farmers, traders, aggregators,processors,input suppliers and exporters among others.

For Farmers in production are given gross period of 3-6 months depending on the crop being funded but for value chain actors grace period solely depend on the enterprise being funded.

the interest rate is minimal to enable farmers do business at a profit and repayment schedules also will depend on seasonality and tenor of the loan

Also asset financing is provided to commercial farmers to enable them acquire assets like tractors, trucks, chain of processing machines, milling machines, hatcheries, construct more buildings, spray race, restocking, purchase land among others. the maximum tenor for asset financing is 5 years and the asset acts collateral for the loan facility.  our loan Products range from 5 millions UGX tO 400 Millions UGX

F

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Edward Kacere Tweheyo Thanks Francis for the good information on agriculture financing.

2 years 9 months ago

Muhangi John Thanks frank for the updates

2 years 9 months ago

Richard James Onyai am damn crazy getting this loan...I need it bad. Hope its true

2 years 9 months ago

Charles Olanya Thank you Francis for the information.

2 years 8 months ago

Geofrey Musasizi Dear Mr. Mugisha Francis. Once again we than you for the commendable work you are doing to promote and sustain farmers in uganda and the whole africa at large. My inquiry is, if we're in need of applying for the asset financing and yet we're in jinja, what can we do? Hope to hear from you dear.

2 years 8 months ago