Groups
Group Size
Meeting Frequency
Product Tag
Teams of 30
About This Product
The Group Loan provides financial support to organized groups of SACCO members. It utilizes group dynamics and collective responsibility to enhance loan security and repayment, making it ideal for community-based enterprises and joint ventures.
Product Features
- Maximum loan amount of UGX 30,000,000
- Fixed repayment period of 12 months
- Interest rate of 14% per annum on flat rate
- Loan fees of 2% of the loan amount
- Flexible repayment options including direct deposits and standing orders
- Group collateral and joint liability
Requirements
- Group must be registered with certificate of registration
- Group must have existed for at least 6 months
- All members must hold SACCO membership
- Group must have saved with ESACCO for at least 6 months
- Maximum of 30 members per group
- Joint bank account for disbursement and repayment
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0326211320
Success Stories
Kampala Women's Cooperative
Agricultural CooperativeOur farming cooperative received a Group Loan that helped us purchase equipment and expand our operations. The group approach made it easier for all of us to access financing.
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Our team is ready to help you with any questions about our groups products.
Call Us
0326211320Email Us
info@exoduspolicesacco.comVisit Us
Plot 175999, Katalima Road, Naguru, Police HeadQuaters,Kampala.
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GROUP SAVINGS ACCOUNT
A savings account for organized groups with a maximum of 30 members. Group must be registered with certificate of registration.
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Groups
GROUP SAVINGS ACCOUNT
A savings account for organized groups with a maximum of 30 members. Group must be registered with certificate of registration.
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