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- Operations
- DFCU - Second Line of Credit
DFCU - Second Line of Credit
Uganda
Borrower | DFCU Bank (DFCU) |
Financing Type | Private Sector & Trade Finance |
Instrument | Private Sector Debt |
Focus Area | Financial |
Approved | 20.12.2005 |
Signed | 21.03.2006 |
Status | Completed |
Loan Administrator | OPEC Fund |
OPEC Fund Contribution (US$m) | 5.00 |
The Development Finance Corporation of Uganda (DFCU) is one of the leading providers of long-term finance to the small and
medium-size enterprise sector. This sector is regarded as being most promising in terms of employment creation, providing general economic benefits and achieving poverty reduction. The OPEC Fund's line of credit will be used to support DFCU’s expansion activities.