On the 6th of September, 2021, Yako Bank Uganda entered into a partnership with the Uganda Green Enterprise Finance Accelerator (UGEFA) to provide financing at subsidized rates to Green, Small and Medium Size Enterprises in Uganda. By Green Enterprises, we mean businesses in waste management, sustainable tourism, green manufacturing, sustainable transport and green energy.
The Uganda Green Enterprise Finance Accelerator aims to facilitate the flow of green finance into the Ugandan SMEs sector through strengthening green SMEs and improving available financial mechanisms for SME debt financing. They do so by reducing the risk of financing change by working together with financial institutions to co-create funding facilitation mechanisms for green SMEs, and launch them with enterprises that have graduated from our acceleration Programme to prepare for a wider roll-out.
Yako Bank works as the financial support for the SMEs that qualify as Green and we are proud to be the solution for sustainable and environmental friendly business. The future being green, you too can tap into this facility and grow that environmentally friendly enterprise
We are therefore proud to welcome all participants who qualify for the financing. Yako Bank is financing a Better Future.