Institutional Loan

Finance for schools, groups and other institutions.

Maximum amount
UGX 200 million
Loan period
1–36 months
Interest rate
2.5% on a declining balance
Repayment
Monthly or quarterly

Requirements for every loan

  • An active account with the SACCO
  • Shares of at least 5% of the amount applied for
  • Savings of 2% of the amount applied for
  • A completed loan application form
  • Two (2) guarantors
  • LC1 recommendation — area and residential
  • Collateral

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Send your request and a loans officer will call you to take it forward.

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