Reasons why agricultural credit scheme has not been very successful in Uganda

Reasons why agricultural credit scheme has not been very successful in Uganda

  • High interest rate
  • High financial illiteracy level of farmers.
  • Unstable weather
  • Insecurity in some area
  • Price fluctuation
  • Poor market
  • Dishonesty among borrowers
  • Lack of security/collateral
  • Corruption of officials
  • Political interference
  • Misallocation of funds

Success

Dr. Bbosa science

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