Emergency Loans
Target market: all existing and exceptional good savers, good loan-paying clients. Interest is charged on a flat rate basis
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Loan Eligibility
Minimum Loan Amount (UGX 5,000,000), Maximum Loan Amount (UGX 20,000,000), Loan Term (1 -2 months), Repayment Frequency (Monthly), Grace Period (1 month), Collateral (Land Titles, Land Agreements, Log Books for motor vehicles and motor cycles, House hold items – Chattels, Animals), Interest Rate (10% Per Month), Interest Method Computation (Flat Rate), Other Processing Fees (6% Loan Commitment Fees, 1% insurance fees)
Create a loan payment account at any of our branches of choice. Request for a Loan Application Form to file your request for the loan
After filing your request for the loan, book an appointment with us at any of our branches for a visit to your business to be appraised for eligibility
If found to meet the loan eligibility criteria, your loan will be processed and disbursed against your loan payment account for further management