Monthly Interest Rate
Maximum Loan Amount
Fast Processing Time
Individuals, Groups & Institutions
Affordable financing solutions tailored to your needs
Grow your farm, grow your income
Scale your business to new heights
Invest in your children's future
Acquire assets that generate income
Build and renovate your dream home
Own a boda-boda, earn daily income
What you need to qualify for a loan
Current passport photos, photocopy of National ID for both applicant and next of kin/relative/spouse
Original land agreements or land titles with security value at least twice (2X) the loan amount applied for
Letter of endorsement from your Local Council 1 Chairperson confirming your residence and character
Written consent from your spouse or next of kin approving the loan application
Endorsement by 2 guarantors who are active SACCO members with signed photo copies of their National IDs
Must be an active member for at least 1 month - both the client and guarantors
4% of the loan amount on your savings account (remains until loan is fully cleared)
1% monitoring fee, 1% processing fee, 1% insurance plus 0.5% of insurance premium
Loan application form is paid at UGX 5,000 only
Shares must be equivalent to UGX 100,000. Shares vary from UGX 5M+ according to loan amount
Pay slip, standing order, bank statement, trading license must be provided where applicable
Photo copies of National ID or passport for all signatories to the group/institution account
2 passport photos for each signatory member
Photocopy of the certificate of registration for the group/institution
A copy of the group constitution or institution bylaws
Copy of minutes indicating the resolution to open an account and attachment of list of all members who attended
Letter from the chairperson authorizing the opening of the account
Letter of endorsement from Local Council 1 Chairperson
UGX 20,000 registration fee for groups
UGX 20,000 for shares (initial contribution)
UGX 2,000 for group passbook
UGX 18,000 initial savings deposit
UGX 60,000
One-time registration fee for groups/institutions
Bereavement Fund: UGX 10,000
Certificate of incorporation and business registration documents
Company memorandum and articles of association
Board resolution authorizing loan application and signatories
Audited financial statements for the last 2 years
Valid Tax Identification Number (TIN) certificate from URA
Current trading license from the relevant authority
Copies of National IDs for all company directors and signatories
Land titles, asset documents valued at 2X the loan amount
4% of loan amount in company savings account
Simple steps to access affordable credit
If you're not yet a member, register with us. Existing members can proceed to the next step.
Prepare all required documents including IDs, land titles, LC1 letter, and guarantor information.
Complete the loan application form (UGX 5,000) and submit it with all supporting documents.
Our team reviews your application, verifies documents, and assesses your loan eligibility.
Upon approval, your loan is disbursed to your account or via mobile money within 24-48 hours.
Make your monthly payments on time at any of our 5 branches or via mobile money.
Calculate your monthly repayment and plan your finances
All loans are charged at 2% monthly interest on reducing balance
Take the first step towards achieving your financial goals. Our team is ready to help you access affordable credit with transparent terms and quick processing.