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 Kyambadde explains that the money is part of the 25 billion shillings Uganda government allocated to youth projects last year. The money is channeled through the Youth Entrepreneurship Venture Capital Fund in partnership with DFCU and Centenary Rural Development Bank.

The government has also allocated 3.5 billion shillings to train the youths in order to enable them expand their businesses.

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