FOCAL DEVELOPMENT FINANCE

About Us

Financial & Advisory Services For SMEs

Focal Development Finance Limited is a Development Finance Institution that specialises in financial and advisory services to micro and small entrepreneurs in Uganda. Focal Development Finance Limited is licensed and regulated as a tier iv non-deposit taking microfinance institution by the Uganda Microfinance Regulatory Authority.

Products and Services

Products & Services

FDF Business Loan

It is a full product that finances a wide variety of business needs from working capital to asset purchases.

Product Features

  • Highly affordable interest rates.
  • Flexible repayment periods.
  • Flexible repayment frequencies according to an Entrepreneur’s needs.
  • No early repayment charges.

FDF Soft Credit Finance

It is a small four-five week credit facility with a simplified credit process aimed at meeting an Entrepreneur’s short term needs, emergencies and recurrent expenditures.

Product Features

  • Product is accessed through a facility fee.
  • Weekly repayments
  • Quick and simplified credit processing
  • No early repayment penalties
  • Entrepreneurs with ongoing business loans can qualify for financing provided they meet risk criteria.

FDF Advance Credit Finance

This is a one-month credit facility that finances short-term needs of micro and small entrepreneurs.

Product Features

  • Product is accessed through a facility fee.
  • Credit is paid in one lumpsum.
  • Quick and simplified credit processing.
  • No early repayment penalties
  • Entrepreneurs with ongoing business loans can qualify for financing provided they meet risk criteria.

Value Add Services

Through our flagship product, Focal Health, powered by Turaco, we extend affordable micro health insurance cover to our entrepreneurs and their families.

HOW WE WORK

Eligibility For Credit

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Business Type

A micro or small business.

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Business Location

Business and residence located within the branch’s reach.

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Farmers

At least one off-farm income for farmers.

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Age Range

Individuals must be 18 years and above.



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Time of Experience

At least one year’s experience for agriculturalists; At least six months’ experience for other businesses.

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Collateral

Collateral (movable & immovable collateral accepted for example business equipment, motorcycle, vehicles, household property, land, buildings).

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Guarantee

Personal Guarantor.