Financial institutions told to scale down loan requirements to SMEs
Patricia Ojongole, the Uganda Development Bank’s (UDB) managing director said the notion of lack of easy access to finances has persisted for a long time in Uganda's business terrain.
PREMIUM Business
Col. Edith Nakalema, the Head of the State House Investors Protection Unit and Patricia Ojangole, the Managing Director Uganda Development Bank Limited with graduates during the Uganda Development Bank cohort1 graduation at Hotel African on August 9, 2024. (Credit: Mary Kansiime)
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KAMPALA - Financial institutions have been advised to scale down on their requirements during the appraisal of loan applicants, to enable small and medium-scale enterprises (SMEs)