Business Loans

What type of businesses do we provide business loans for? Examples:

  • Brick making, carpentry, metal workshop, butchery shop, restaurants, car repair, car refitting, breeding of fish, rearing chicken or pigs, producing fritters, grocery shops, maize mills, secretarial services, photographic services, producing school uniforms, small sawmills, any trading activities (bananas, blankets, cement, phones and phone accessories, goats etc.).

In principle we give loans for any type of business, provided the business is not harmful to human or environmental health or does not involve child labour. In this sense we do not support for instance liquor shops or the produce and trade of charcoal made from unauthorised cutting of trees.

Farm Loans

In the areas where UMINO is operating, almost everybody is a farmer. Farm loans are therefore the second important type of loans which we extend to applicants apart from business loans. Below picture shows a farmer who grows tomatoes and onions. We gave him a loan for a simple irrigation pump with complimentary pipes as well as for seeds and fertiliser for the crops.

Typical farm operations for which we give loans for: 

  • Dryland-cropping (also named rain-fed crops planted during rainy season). Examples: Maize, soya, pigeon pea, groundnuts, sorghum
  • Gardening (vegetable normally grown throughout the whole year). Examples: Tomatoes, sweet potatoes, onions, cabbage, carrots, beetroot, rape, spinach, eggplant

The content of a farm loan is typically cost for seeds, any cost for land preparation, weeding and harvesting, transportation of the crops and any kind of equipment (such as water pumps and tools).


We promote organic farming: Our loan officers are educated in organic farming methods in order to consult the farmers to apply these methods. We are also offering free of charge advise by experienced organic small-scale farmers. Finally we offer lower interest rates for organic farming projects, than for applications which pursue conventional farming.


We offer insurance coverage. Our finance package includes an insurance granted to the farmer for the following damages cases: Too low rainfalls, pests/diseases, fire or theft. The reason for the damage must be out of the influence of the farmer. In such cases UMINO may grant a partial or full waiver of the remaining outstanding debt from the loan.