The farmer’s CSOs led by the National Farmers’ Association (NFA) and Caritas Uganda say that   agricultural productivity has gone down due to limited accessible agricultural credit financing.

While addressing a farmers’ meeting on agricultural financing held at Hotel Africana in Kampala on Wednesday this week, the Liaison Officer at Central Archdiocesan Province Caritas Association Uganda, Joseph Bukenya  says that farmers need a credit financing where they can be charged only  interest of 4% which they can afford especially when there a farmers bank.

He added that commercial farmers are well catered for by the banks which the small holder farmers cannot get because of the high interest rates charged.

Bukenya also says that government has to copy some of agriculture policies from some other countries like Germany where farmers are given interest free credit.

Prudence Ayibale the policy analyst at the Uganda National Farmer’s Federation (UNFFE).

The policy analyst at the Uganda National Farmer’s Federation (UNFFE, Prudence Ayibale urged government to sensitize farmers about the existence agricultural insurance fund so that they can insure against risks in their agribusiness

The agricultural activists also say that the current agricultural finance does not unlock Uganda’s agricultural potential.

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