Loans · Business

BUSINESS LOAN

A loan product intended to support members in growing and developing their business enterprises.

Interest Rate

10% p.a.

Term

Up to 60 months

Maximum Amount

UGX 100,000,000

About This Product

The Business Loan provides financing to SACCO members to start, grow, or expand their business enterprises. It offers competitive interest rates and flexible repayment terms to support member entrepreneurship.

What You Get

  • Maximum loan amount: UGX 100,000,000
  • Maximum loan period: 60 months
  • Interest calculated on flat rate method
  • No processing fee
  • Other Terms and conditions apply

What You Need

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

  1. 1 Must be a registered SACCO member
  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
UGX
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