Provides long-term financing in the form of subordinated/convertible long-term local currency loans. This instrument targets key economic assets and private and public-sponsored projects. It will be available to finance critical projects led by the public sector or the private sector.

Eligibility criteria

Debtor eligibility – the Debtor shall be compliant with the definition of MSME by the Ugandan Investment Authority.

PFI’s commitment to environmental and social requirements – PFIs must have an ESMS compliant with the ESF requirements in the Environmental and Social Commitment Plan (ESCP).