Personal Development Loans (School fees, Water and Sanitation)
- Application fee UGX 20,000.
- Interest charged 2.2% per month reducing balance.
- Loan period is between 1 and 24 months
- Maximum loan size is UGX 100,000-30,000,000.
- Repayment frequency is monthly with one month grace period if requested
- 1% Insurance on all Loans against death and disability.
- Application fee 20,000.
- Collateral in form of loan security fund and the asset purchased eg. land titles, log books, sales agreements, and collateral substitutes.
- 5% initial deposit (refundable after loan repayment).
- 4% Loan Processing fee
- Credit Reference Bureau Report.