WIRE — Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank Uganda has cut its lending rate to 10% per annum for agriculture-based savings and credit cooperative organisations (SACCOs), in a move that underscores rising competition among lenders targeting Uganda's rural financial ecosystem. The reduced rate is aimed at improving access to affordable capital for community-based financial … The post Stanbic bets on cheap credit to unlock SACCOs potential appeared first on The Independent Uganda:.
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