Asset financing loan

This is a loan product designed specifically for members who want to finance the purchase of any asset with the primary aim of generating income for example land, motor vehicle and motorcycles, house hold items like solar for lighting and running businesses, small scale processing equipment.

Maximum loan of Ugx100 Million
Attracts interest rate of 13% per annum
Loan above 40M to be secured by deposit collateral of 33%.
Minimum loan period of 5 years
Repayment capacity of 50%
Refinanced at 75%

Loan Granting Procedures

Basic Considerations when appraising loans