DFCU

Youth to get loans from DFCU bank

  The Government has asked the youth to apply for loans at DFCU and Centenary Bank Branches across the country. Trade minister Ms Amelia Kyambadde says that individual youth aged between 18-35 years will get loans of up to five million shillings. Those in groups and associations will get up to 25 million shillings. Ms […]

Money meant to run youth activities out next week

It seems the youths across the country are full of smiles since the government has announced that they can access low interest loans from banks starting by next week. The government has put a side 25 billion shillings for the youth to borrow. The minister for finance, Miria Kiwanuka says that the youths can access […]

Government fixes interest rates on bank loans

The government ofUgandahas agreed with commercial banks to fix interest rates to be charged on money given out to the youth in form of loans. The minister ofUgandafor Finance Minister, Maria Kiwanuka says that the banks will charge 15% for a period of six months. Some of the banks the government has agreed with include […]

KCCA councilors approved to get loans, praise Jennifer Musisi

All councilors in Kampala at both division and LC5 are full of smiles after the city director; Jenifer Musisi cleared them to get loans from DFCU bank. This time there was no discrimination. All councilors irrespective of their political briefs have been given loans. The biggest number of councilors at KCCA is from NRM and the second […]