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Tag Archives: loans

Health, agriculture to get boost from US$ 399m loans

Kampala, Uganda | THE INDEPENDENT | Health, agriculture and infrastructure projects are lined up for a much-needed financial injection following the tabling of loan requests totalling about US$ 399 million. The proposals were presented to Parliament on Wednesday, 03 September 2025, by the Minister of State for Finance, Planning and …

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Bunyoro elderly struggle to access loans

Hoima, Uganda | THE INDEPENDENT | The Elderly in the Bunyoro sub-region have raised concerns about the difficulties they are enduring while securing loans from financial institutions. They argue that the various money lending institutions and commercial banks have denied them opportunities to access loan services, citing concerns about their …

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Turning Wheels, Changing Lives: Transformative power of dfcu Bank vehicle and asset financing

How dfcu Bank is powering Uganda’s asset ownership revolution and unlocking economic potential in Uganda COMMENT | GLORIA SSUUNA NAMUTEBI | In today’s economy, owning a productive asset—a vehicle, a motorcycle, or a piece of machinery—is more than a convenience. It’s a catalyst for financial independence, business growth, and generational wealth. …

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Experts warn gov’t on unplanned loans

Kampala, Uganda | THE INDEPENDENT | Experts have urged Uganda to avoid taking loans for which they never prepared and planned, as this distorts growth and development. This comes as the country embarks on what many have termed “ambitious”, a journey to grow the economy from the current 53 Billion …

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Asset financing company launches smartphone loans in Uganda

KAMPALA, UGANDA | THE INDEPENDENT | MOGO Uganda, an asset financing company, has introduced a smartphone loan program in collaboration with Airtel Uganda, making Tecno, Infinix, and itel devices more accessible to a wider range of Ugandans. This move meets the rising need for cost-effective smartphone access, enabling people to …

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Making sense of borrowing to pay school fees

Kampala, Uganda | NEBERT RUGADYA & LOUIS JADWONG  |  Uganda’s education system dictates that tuition fees are paid at the start of every term of three months, or in a lump sum, for the full year. The opening days of school therefore often turn out to be very stressful for …

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