Loans · Business

ASSET FINANCING LOAN

This is a loan product designed specifically for members who want to finance the purchase of any assets with the primary aim of generating income. for example Land, Motor vehicles, Machinery

Interest Rate

10% p.a.

Term

Up to 60 months

Maximum Amount

UGX 100,000,000

About This Product

This is a loan product designed specifically for members who want to finance the purchase of any assets with the primary aim of generating income. for example Land, Motor vehicles, Machinery, etc., the assets bought act as security for the loan and the lender has the right to sell the assets towards recovery of the loan amount and interest overtime

What You Get

  • Preferential interest rate of 10% per annum
  • Maximum loan amount of UGX 100,000,000
  • Minimum of 200 shares
  • Other Terms and conditions apply

What You Need

Have these ready — it makes the process quick and easy.

  1. 1 Must be a current staff member of the SACCO
  2. 2 Minimum of 3 months employment with the SACCO
  3. 3 Valid staff ID
  4. 4 Good standing with the SACCO

Loan Calculator

Monthly payments limited to 48% of salary
UGX
%
Months