Cash Flow Loan
Cash Flow Loan is a product whose recoveries are made from a member’s business cash flows
Key features of cash flow loan
- Application fees of Ugx 10.000
- Loan commission 2%
- Loan appraisal & management fees 1%
- Loan protection on fund 2.5%
- Interest rate 15%pa
- Penalty for late payments 3% of amount in full default
- Loan period, maximum of 60 months
- Collateral for security cover of loan (physical or certificate of deposits) and the loan shall not exceed 50% of the value of the collateral pledged.