Uganda Development Bank Ltd (UDB), in partnership with Ensibuuko, United Nations Capital Development Fund (UNCDF), the Food and Agriculture Organization (FAO), and European Union (EU) and developed an innovative digital lending solution aimed at easing access to finance by smallholder farmers.

The application, approval, and disbursement processes will all be done digitally, with the funds moving directly to the farmer’s e-mobile wallet. The Partners (UDB, FAO, UNCDF, EU and Ensibuuko) are organizing an official launch of the fintech solution on 27th March 2023, in Yumbe district (to unveil the innovative digital solution to the general public officially but more specifically to the smallholder farmers who are the primary intended beneficiaries.