Uganda Development Bank (UDB): Everything You Need to Know About Its Services, Mandate, and How to Access Funding
Here’s a concise summary of the main services offered by Uganda Development Bank (UDB).
along with indicative rates / fees (in Ugandan Shillings and US Dollars, using the rate 1 USD = 3,600 UGX)
based on publicly available documents.
Please note: the actual interest rates, fees, and terms may vary over time and by the specific product, project risk, or negotiation. Always confirm current rates with UDB directly.
ervices Offered by UDB (Summarized)
Term Loans / Capital Investment Loans
Medium- to long-term financing for capital investments: expansion, modernization, technology, plant & machinery.
Tenure: 4 to 15 years (often inclusive of grace periods)
Asset Finance
Loans specifically to acquire physical assets (equipment, machinery, processing plants).
The financed asset itself often acts as security (or with minimal extra collateral).
Equity Investments / Patient Capital
UDB sometimes takes equity stakes or invests in high-growth / early-stage entities when debt is unsuitable.
and my dear if you did not know Such investments can last up to 10 years.
Financing for Farmer Groups / Cooperatives / Associations
Loans or support aimed at organized small-holder farmer groups for production,
inputs, machinery, agro-process. With concessional terms, and non-financial support (training, advisory).
SME-Focused Programs & Thematic Facilities
Targeted products like SME Kazi Loans, Women-owned business facilities, etc.
These are designed with favorable terms, tailored for SMEs, women, youth.
Trade Finance / Working Capital / Short-Term Facilities
For contract financing, invoice discounting, import/export support, short-term cash flow bridging.
Revolving short-term term, often with shorter durations and grace periods.
Uganda Development Bank
Business Advisory, Project Preparation & Non-Financial Services
Supporting applicants with structuring, feasibility, capacity building, mentorship, training.
To raise “bankability” of projects, especially for new or complex ventures.