What is EBO Dairy Loan?

The EBO Dairy Farm Loans are credit facilities provided to dairy farmers to support their agricultural activities. These funds can be used for a variety of purposes important for dairy farming, including purchasing land, equipment, vehicles, cattle, and more. In a nutshell, the EBO Dairy Loan can help farmers jumpstart their operations and expand their dairy businesses.

This leads to the production of dairy products such as milk, cheese, yogurt, ice cream, butter, and many more. However, small-scale farmers often struggle to acquire the financial resources necessary for sustainable dairy farming. That’s why the EBO Dairy Loan may be helpful — providing the funding needed to acquire land, buy animals, and improve dairy operations.

The EBO Dairy Loan is supported by Pearl Capital Partners.

Options

Dairy farming is largely an unorganized sector but is also one of the largest industries in Uganda. To improve and sustain the quality of dairy products and bring structure to the sector, many farming loans are available. At EBO Sacco, we provide financing under this scheme with valuable flexibility, helping farmers take full advantage of what the dairy loan has to offer.

Purpose

• Establishing a new dairy farming unit or expanding an existing one
• Purchasing mulch animals and crossbred mulch cows for small dairy units
• Rearing young calves and crossbreeds of mulch cows and buffalos
• Acquiring milk machinery such as Bulk Milk Chilling Units, automated collection and dispersal systems, and milk vans
• Constructing, renovating, or expanding cattle sheds
• Growing cattle fodder and meeting other working capital needs
• Purchasing dairy equipment like chaff cutters and dispensers
• Investing in dairy product transportation services
• Setting up cold storage services
• Establishing dairy marketing outlets

Eligibility

• Farmers already engaged in dairy-related activities
• Individual entrepreneurs with experience in dairy farming
• Groups from both organized and unorganized dairy sectors
• Self-help groups, Milk Unions, Cooperative Societies, and Federations

Features and Benefits

• Loans for modern dairy needs: Financing covers infrastructure such as milk houses, automated systems, transportation vehicles, and Bulk Milk Chilling Units.
• Zero processing charges: No application or hidden fees are involved with our dairy loans.
• Hassle-free application: The process is simple and requires only essential documents.
• Fast processing: With quick verification and approval, you receive funds promptly to support your farm needs.
• Flexible repayment periods: Minimum repayment begins at 3 years, with up to 7 years for certain loan types.
• High loan coverage: Loan amounts range from 75% to 85% of your total project investment.
• Affordable interest rates: Interest ranges from 2.45%–4% for individuals and farmers, and 2.8%–6% for non-individual entities.