Loan Products

Group Guaranteed Loan

Group loans are a unique financial service for low-income entrepreneurs. To obtain such a loan, the applicants should form a Group of at least 3 individuals. These individuals should share evidence that they run income-generating businesses. Each of these businesses must be active for at least 3 months. Group members guarantee each other’s loan repayment, which is why collateral is not necessary for amounts up to UGX. 10M at 10% per month.

 

What to bring when you apply

  1. National ID copies of the applicants
  2. Passport size photos
  3. Next of kin details
  4. Business and financial records
  5. Guarantors

Loan Calculator

500,000UGX 50,000,000UGX
1 months18 months
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