Main features

  • Application fee 20,000

  • Interest rate is of 3.16% per month reducing balance

  • Financing clients to enable them purchase business and house hold assets

  • Maximum loan size is UGX 100,000 to 30,000,000

  • Loan Penalty: 10% of all amounts due per month

  • 1% Insurance on all Loans against death and disability.

  • Repayment frequency is monthly with one month grace period if requested by the client.


Requirements

  • 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..

  • 1% Insurance on all Loans against death and disability.

  • 5% initial deposit (refundable after loan repayment)

  • 4% Loan Processing fee

  • Credit Reference Bureau Report

Contact KMF

KMF Location Kiryatete Kolping Building Rwentuha Road

KMF Phone Contacts +256 707 071 500

KMF Email kmfheadoffice@gmail.com
KMF Website www.kmfug.com