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Trade stock financing to benefit agribusinesses


Daily Monitor
Saturday April 03 2021
Summary
Banks are currently offering structured commodity trade financing through which farmers are able to borrow against their agricultural inventory which can be used as collateral.
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Abdallah Okao, a grain trader in Lira- the marketing hub of grain trade in Uganda, is confident in the growth of his business and the sector at large as more banks take interest and become adaptable in financing the sector players.
One of the main challenges in the agribusiness remains the changing seasons of harvest and plantation which translate into the high and low seasons, making it difficult and expensive for players to borrow and maintain long term loans. ....

James Odur , Shabibah Nakirigya , Abdallah Okao , Equity Bank Uganda , Business Development , Equity Bank Lira Branch , Bank Uganda , Business Development Manager , பங்கு வங்கி உகந்த , வணிக வளர்ச்சி , பங்கு வங்கி லிரா கிளை , வங்கி உகந்த , வணிக வளர்ச்சி மேலாளர் ,