Boda Boda Loan
Own your motorcycle and repay weekly from your earnings.
- Maximum amount
- UGX 5 million
- Loan period
- 1–24 months (enterprise-based)
- Interest rate
- 2% on a declining balance
- Repayment
- Weekly
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
Apply for this loan
Send your request and a loans officer will call you to take it forward.
Other loans
All loans-
School Fees Loan
Keep your children in school — the SACCO pays the fees directly to the school.
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Business Loan
Working capital and stock for traders, shops and growing enterprises.
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Development Loan
Finance construction and long-term development projects.
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Institutional Loan
Finance for schools, groups and other institutions.
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Agriculture Loan
Finance for farming, with a grace period and repayments that follow your season.
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Emergency Loan
Fast cash when the unexpected happens — processed within 24 hours.
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Water Tank Loan
Install a water tank at home — even while you repay another loan.
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Salary Loan
For salaried and contract workers, repaid monthly over your contract.
-
Solar Loan
Power your home or business with solar energy.
