Name: LOW UPTAKE OF SME FUND CASH: Federation enlisted to rally members
Uploaded: 2023-03-27T19:43:56Z
Description: With the SME recovery fund’s uptake at less than 5% being handled by the Bank of Uganda and other banks, the former has been forced to add the Federation of Small and Medium-sized Enterprises as a partner. The Federation was behind efforts to rally for the fund but subsequently played a minor role after the funds were availed.

Mon Mar 27, 2023

LOW UPTAKE OF SME FUND CASH: Federation enlisted to rally members

With the SME recovery fund’s uptake at less than 5% being handled by the Bank of Uganda and other banks, the former has been forced to add the Federation of Small and Medium-sized Enterprises as a partner. The Federation was behind efforts to rally for the fund but subsequently played a minor role after the funds were availed.