BUSINESS LOANS

IMG_3055

Micro Business Loans

Features

  • Flexible Repayment period 3-24 months
  • Interest charged on reducing balance.
  • Minimum loan amount is Ugx 100,000
  • Flexible collateral requirements

Benefits

  • Quick turnaround time
  • Competitive interest rate
  • Flexible repayment plans

Requirements

  • An active Savings account
  • Business must be legal
  • Trading licenses
  • Financial Card
  • Loan processing fees
  • At least 12 months experience in the business to be funded
  • Acceptable collateral

SME Loans

Features

  • Flexible Repayment period 3-36 months
  • Interest charged on reducing balance.
  • Up to  Ugx 120 million
  • Flexible collateral requirements

Benefits

  • Quick turnaround time
  • Competitive interest rate
  • Flexible repayment plans

Requirements

  • An active Savings account
  • Business must be legal
  • Trading licenses
  • Financial Card
  • Loan processing fees
  • At least 12 months experience in the business to be funded
  • Acceptable collateral

School Development Loans

Features

  • Flexible Repayment period 3-36 months
  • Interest charged on reducing balance.
  • Up to  Ugx 120 million
  • Flexible collateral requirements

Benefits

  • Quick turnaround time
  • Competitive interest rate
  • Flexible repayment plans

Requirements

  • An active Savings account
  • Customer must own the school
  • The school must be registered by Ministry of Education and Sports
  • Financial Card
  • Loan processing fees
  • At least 12 months existence of the school to be funded
  • Acceptable collateral