25 Billion Youth Fund Released

Publisher:
NTV Uganda
Publication Date:
1 February 2012
Tags:
Uganda, Children and Youth, Banking and Insurance

Government has released the 25 billion shillings youth fund to banks for the youth to borrow soft loans to start and develop their own businesses.
The minister of Finance Maria Kiwanuka told journalists during the signing ceremony that the money that will be accessed by youth of between 18 and 35 years through Centenary, Stanbic and DFCU banks countrywide will be borrowed at 15% interest rate.

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