Personal, business and home financing with flexible terms, and attractive rates.
Group Clean Energy Loan
Features & Benefits
Loan Purpose: For the acquisition of clean energy products like solar, cook stoves, bio gas, etc. Loan Amount: UGX 100,000-UGX 5,000,000 Loan Duration: 3-12 Months Repayment Frequency: Weekly, Fortnightly Charges: - Set Up Fees 1% of the Loan Amount - Insurance fees 1.3% of the Loan Amount - Application Fees 5,000 for loans below UGX 2M and 10,000 for Loans UGX 2M and above payable at application - CRB Search fees UGX 10,000 for Loans below UGX 1M and UGX 15,000 for Loans above UGX 1M payable at appication - Stamp Duty UGX 15,000 for loans above UGX 3M Securities: - LSF OF 15% - 20%, Group Guarantee, Other Collateral like land, Chattels and Log Books pledged to group Interest rate calculation method: - Flat