Equity Bank – Young Africa Works – Youth SME Micro Loan

Posted 6 months ago


This is a loan being facilitated by Equity Bank under Mastercard Foundation's Young Africa Works Programme. Fund size = 140M UGX - 1B UGX

Funding Procedure

The Borrower Must be a youth or an Adult/company/enterprise employing 5 youths or more in their business/ enterprise. A youth is defined as a person aged 18 years to 35 years. The borrower must have a source of income and running business and has been in existence for a period of 6 months. The borrower must have collateral to secure the bank loan. The borrower does not have sufficient credit history with Equity Bank Uganda Ltd. Must have a digitized Equity Bank account.



Goal - To create 100,000 dignified jobs. Repayment frequency: Monthly, Quarterly, Bullet payment