Main Features

• Financing clients who wish to improve crop and animal production
• Interest rate of 2.5% per month, flat rate on loans between UGX 100,000 -3000,000
• And 3.16% declining on loans above UGX 3000,000
• The Loan size shall have a limit of 20 Million
• This loan produce shall have a maximum period of 24 months
• Insurance on all Loans against death and disability: 1% of loan disbursed on loans below one year and 1.5% of loans above one year.

Requirements

• Application fee UGX 10,000
  
  
• Group training and registration
  
  
• Collateral in form of Loan Security Fund and Physical items e.g. land titles, sales agreements, log books,  and collateral substitues.
  
  
• 25% initial deposit refundable after the loan has been paid off
  
  
• Group members not less than five.

Target Group:

a) Micro-entrepreneurs
b) Families and individuals

The company serves people of different cultural diversities and is non discriminatory which include; micro entrepreneurs, commercial entrepreneurs, small and large scale agriculturalists families, individuals and groups
Products can be accessed by individuals and groups engaged in activities or projects that comply with micro finance laws of Uganda and principles of KEDEP (U) Ltd.