Loans · Shares: 15%

BASIC LOAN

A loan product intended for general economic development of SACCO members.

Interest Rate

14% p.a.

Term

Up to 60 months

Maximum Amount

UGX 100,000,000

About This Product

The Basic Loan is our standard loan product intended for general economic development of SACCO members. It provides flexible financing with competitive interest rates and comfortable repayment terms.

What You Get

  • Maximum loan amount: UGX 100,000,000
  • Maximum loan period: 60 months
  • Interest calculated on reducing balance method
  • Other Terms and conditions apply

What You Need

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

  1. 1 Must be a registered member for at least 6 months
  2. 2 Minimum 15% of the loan amount in shares
  3. 3 Must have saved regularly for at least six months
  4. 4 Good credit history with the SACCO

Loan Calculator

Monthly payments limited to 48% of salary
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