Loans
SACCO Management & Support
Business growth support & consultancy
The Problem
90% of SMEs die within one year of operation. 50% of those that survive, still die by the third year. The above is as a result of limited access to funding
and lack of skills plus motivation to run and grow
businessses. Money lenders charge interest as high as 360% if annualized
Stringent requirements by banks which make it impossible
for entrepreneurs to acquire credit.
of Businesses die within one year of operation
Annual interest charged by money lenders
The Opportunity
A youthful population, with 78% aged below 35, primed for job creation and entrepreneurship. 1.1 million MSMEs responsible for 80% of the GDP, 1.8 million informal businesses, predominantly run by women, youth, and refugees. Our vision revolves around empowering these aspiring entrepreneurs through tailored
microfinance solutions, including capital infusion, training, and ongoing support.
Small businesses to be supported
SACCOs to benefit by 2027
What We Offer for You
Loans
We provide an extensive selection of loans tailored to meet the specific needs of our customers, all at low and affordable interest rates
SACCO management and Support
We establish collaborations and partnerships with SACCOs and organized groups, providing them with hands-on management and technical support to ensure their growth and achieve self-sustainability
Business growth support & consultancy
We provide complimentary financial and business growth support services to small businesses. Working closely with entrepreneurs on-site, we collaboratively identify challenges and offer lasting solutions to ensure the thriving success.
Request for a Loan Today
Success Stories
Mariam's Beauty Palour
Mariam, the owner of Mariam’s Beauty Parlor on Republic Street in Mbale Town, transitioned from a family business to pursue her dream of owning her own business. With her savings and additional capital from Vine Microfinance, she successfully established this business. We assisted her in maintaining organized business records and financial discipline from the outset. Currently employing one permanent staff besides herself. Mariam aspires to expand by manufacturing her own cosmetic products for a global market.
Shan Snacks
Sharon is a dedicated young entrepreneur who produces a diverse range of healthy snacks and drinks. Her product range includes items such as Shan yogurt, Irish & banana crisps, hard corn, daddies, and fried Mukene with the potential for more offerings. Vine Microfinance gave her a working capital loan, and she was able to acquire the necessary packaging materials and some raw materials. In addition to financial assistance, we continue to give her business growth advice and help her maintain accurate records.
Partner with us
Is your desire “a world without poverty”? Partner with us today to make the change that we want to see through assisting small businesses in Uganda grow to the next level, create more meaningful employment, and get out of poverty.
Some Questions & A.
Who qualifies for a loan from Vine Microfinance?
Any adult engaged in business or employment, including SACCOs, groups, and other business entities.
Does Vine Microfinance exclusively lend to women?
No, Vine Microfinance extends its lending services to all individuals without discrimination. However, there is a particular focus on supporting youth and women-led businesses.
Does Vine Microfinance operate beyond Uganda?
While our ultimate goal is to become a global financial provider and combat poverty on a larger scale, our current capacity restricts us to Eastern and Northern Uganda. Future plans include expansion across the entire country and eventually to international markets.
Is it possible to apply for a loan online?
Yes, the application process is streamlined for online convenience. Once you apply online, our team will immediately reach out to facilitate a smooth and faster process.
If you have more questions Contact Us
Company Blog & Insights
