The Search for Africa's Next Food Prize Winner

Why farmers have failed to access agricultural loans in Uganda

Why farmers have failed to access agricultural loans in Uganda By Prossy Nandudu. In the last financial year, government has earmarked another 30 billion shillings as a revolving fund for farmers to borrow and increase production. This was an addition to the 60 billion revolving fund released earlier on. However some financial institutions and analysts are not happy with the way the money is being handled. Much as government is setting aside this money through commercial banks, farmers have failed to access the funds. In an interview with the Abdul Kyanika Nsibambi the manager, Agricultural Lending Centenary Rural Development Bank says that farmers have failed to access the finances because they come with many conditions. For example, they may talk about a loan amount that will need some one borrowing 50 million or they are only lending to production or commercial farmers. He said that in Ug...

Cassava Planter, Farming for employment

He quit his job to make Honey wine, The story of an Enterprise development Specialist By: Prossy Nandudu Pix: Prossy Nandudu Ambrose Bugaari, an Enterprise development Specialist, has been working with farmers under different projects in Uganda for close to 13 years. Throughout his work, he observed that most farmers didn’t have the capacity to add value to their products especially those from bees like honey. It was in 2002 that he realized that there few products from bees on the market, apart from honey ,honey combs, and candles, many people knew nothing more about bees. Having worked with farmers under different organizations, Bugaari therefore decided to start up his own business. “I saw that there was limited range of bee products on the market yet one can do a lot more from bees through its honey, as the main ingredient. Having observed that there were very few honey products on the market, he decid...

Prona Agri-Business Matters

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