SME banking – Unlocking the growth potential of an underserved segment

SME banking – Unlocking the growth potential of an underserved segment

Small and Medium-sized Enterprises (SMEs) are an important segment in Uganda’s economy. According to the Ministry of Trade, Industry and Cooperatives, the SME sector employs over 2.5 million people (90% of the entire private sector) and generates 80% of manufactured output which contributes 20% of the gross domestic product (GDP). Even though SMEs play a […]