Loans Products

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

VSLA Loans (Village Savings & Loan Association (VSLA) Loans)

Community Group Loans

This product is designed to finance rural and urban associations.

Features & Benefits
    - Tailored loan amounts dependant on the requirements
    - Repayment period of up to 5 years
    - Loan instalments tailored to income inflow
    - Competitive interest rates
    - Enables schools to manage cash flow challenges
    - Phased financing available
    - Loan Purpose: On lending to VSLA members
    - Loan Amount: UGX 1,000,000-UGX 20,000,000
    - Loan Duration: up to 9 Months
    - Repayment frequency: monthly


    - Loan processing fee is UGX50,000
    - CRB Search fees of UGX15,000 per executive memeber.
    - Stamp Duty UGX10,000 upfront.
    - Interest rate calculation method-Flat
    - Must have an active account with Opportunity Bank Uganda
    - The assocition must have been in existence for at least 3 years
    - Must provide collateral
    - Audited financial statements for the last 3 years
    - Memorandum and articles of Association, partnership deed or sole proprietorship must be provided
    - Resolution to borrow by the Board of Governors or Board of Directors


    - Collateral
    - LSF of 20% of loan amount.