Main Features

• Financing clients who wish to improve crop and animal production
• Interest rate of 2.16% per month, flat rate
• Loan Size: 100,000 - 30 Million
• Loan Period: 1 - 24 months
• Loan Penalty: 10% of all amounts due per month
• 1.5% Insurance on all Loans against death and disability
  
  

Requirements

• Application fee UGX 20,000
  
  
• 4% Loan Processing fee
  
  
• 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)
  
  
• Credit Reference Bureau Report
  
  

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 KMF (U) Ltd.