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President Museveni directs MSC to offer 8 percent annual interest loans to market vendors
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President Museveni directs MSC to offer 8 percent annual interest loans to market vendors
Vendors from Kalerwe and St. Balikuddembe (Owino) markets are set to benefit from low-interest government funding, known as Katale loan. The business financing project targets low-income earners and will be disbursed through the Microfinance Support Centre (MSC) at an interest rate of only eight per cent (8%) per annum. This move follows a directive from President Yoweri Kaguta Museveni that aims at empowering traders. According to State House o…
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