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Grants – Grants or "non-repayable contributions" are the funding that does not need to be paid back.; Loans – Loans may be low- or no-interest contributions. Financing methods and repayment requirements vary from conventional loan arrangements to situations in which the business fronts the costs, submits the costs to the agency, receives reimbursement for all or a portion of the costs, and ...
The Uganda Microfinance Regulatory Authority (UMRA) is a government agency responsible for the licensing, supervision and regulation of Tier-4 micro finance institutions, money lenders, savings cooperatives and any money-lending institution with capital of less than USh500 million (US$140,000).
The Ministry of Finance, Planning and Economic Development (MoFPED) is a cabinet-level government ministry of Uganda.Its mandate is to formulate sound economic and fiscal policies, mobilize resources for the implementation of government programmes, disburse public resources as appropriated by Parliament, and account for their use in accordance with national laws and international best ...
In 1999, it was incorporated as a limited company and changed its name to Pride Africa Uganda Limited. In 2003, the Uganda government acquired 100 percent shareholding in the enterprise, changing the name to Pride Microfinance Limited Uganda. [3] In 2005, it attained the status of an MDI according to the Banking Act of 2003.
The Business Development Bank of Canada (BDC; French: Banque de développement du Canada) is a Crown corporation and national development bank wholly owned by the Government of Canada, mandated to help create and develop Canadian businesses through financing, growth and transition capital, venture capital and advisory services, with a focus on small and medium-sized enterprises.
The UDC was created by the British colonial administration in 1952 to "facilitate the industrial and economic development of Uganda". Under the Uganda Development Corporation Act 1952, the objective of UDC was to "promote and assist in the financing, management or establishment of— new undertakings; schemes for the better organisation and modernisation of and the more efficient carrying out ...
CIDA was formed in 1968 by the Canadian government under Lester B. Pearson.CIDA reported to the Parliament of Canada through the Minister for International Cooperation.Its mandate was to "support sustainable development in developing countries in order to reduce poverty and contribute to a more secure, equitable, and prosperous world."
Indigenous business funding: Indigenous Services Canada are providing $306.8 million in funding to assist small to medium-sized Indigenous businesses, through Aboriginal Financial Institutions that offer financing to such businesses. The funding, administered by the National Aboriginal Capital Corporations Association, allows for short-term ...
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