Loans

Personal, business and home financing with flexible terms, and attractive rates.

Group School Fees Loan

Loan

For Payment of Schools and other Education related expenses


Features & Benefits
    Loan Purpose: For Payment of Schools and other Education related expenses
    Loan Amount: UGX 100,000-UGX 5,000,000
    Loan Duration: 3-12 Months
    Repayment Frequency: Weekly, but dependant on cash flow

    __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
Requirements
    - valid ID document

SME School Improvement Loan

Loan

Any financing to schools for the purpose of building, salary or bills payment, purchase of equipment and property.


Features & Benefits
    Loan Purpose: Any financing to schools for the purpose of building, salary or bills payment, purchase of equipment and property, e.t.c.
    Loan Amount: Above UGX 20M-UGX 1.3 BILLION
    Loan Duration: 3-60 Months
    Repayment Frequency: Termly, but dependant on cash flow

    __Charges:__
    - Set Up Fees 3% of the Loan Amount
    - Insurance fees 1.3% of the Loan Amount
    - Application Fees 20,000 for loans upto UGX 50M and 50,000 for loans above 50M payable at application
    - CRB Search fees UGX 15,000 payable at appication
    - Stamp Duty UGX 10,000 for loans above UGX 3M

    __Securities:__
    A combination or two or more of the following: Fixed Deposits, Chattels, Motor Vehicle log books, Land titles and agreements, Debentures for companies, Guarantors

    __Interest rate calculation method__: Recucing Balance
Requirements
    - Valid National ID
    - 1 Passport Size Photo

Individual School Improvement Loan

Loan

Any financing to schools for the purpose of building, salary or bills payment, purchase of equipment and property.


Features & Benefits
    Loan Amount: Above UGX 500,000-UGX 20,000,000
    Loan Duration: 3-60 months
    Repayment frequency: Termly, but dependant on cash flow

    __Charges:__
    Set Up Fees 3% of the Loan Amount, -Insurance fees 1.3% of the Loan Amount, -Application Fees 20,000 for loans upto UGX 50M and 50,000 for loans above 50M payable at application, -CRB Search fees UGX 15,000 payable at appication,-Stamp Duty UGX 10,000 for loans above UGX 3M

    __Securities:__
    A combination or two or more of the following: Fixed Deposits, Chattels, Motor Vehicle log books, Land titles and agreements, Debentures for companies, Guarantors

    __Interest rate calculation method:__ Reducing Balance

Requirements
    - Valid National ID
    - 1 Passport Size Photo

Individual School Fees Loan

Loan

For Payment of Schools and other Education related expenses


Features & Benefits
    Loan Amount: UGX 100,000 - UGX 5,000,000
    Loan Duration: 3 - 12 Months
    Repayment Frequency: Monthly, but dependant on cash flow

    __Charges:__
    - Set Up Fees 3% of the Loan Amount
    - Insurance fees 1.3% of the Loan Amount
    - Application Fees 20,000 for loans upto UGX 20M 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 10,000 for loans above UGX 3M

    __Securities:__
    A Combination of two or more of the following: Fixed deposits, Chattels, Motor Vehicle log books, Land titles and agreements, debentures of companies, Guarantors

    Interest rate calculation method: Reducing Balance
Requirements
    - Valid National ID
    - 1 Passport Size Photo