Commercial/Business Loan

Commercial/Business Loan

This product is designed for entrepreneurs. We aim to support business growth and create a reliable flow of income for our members starting or expanding their businesses. The loan is available to small, medium, and large-scale businesses and is structured to support sustainable development and financial independence.


Requirements

  • Loan amount ranges from 100,000 to 150,000,000 Ugshs.
  • Loan period not exceeding 24 months.
  • Interest rate of 2.8% on a declining balance.
  • Repayment mode – Monthly or Quarterly.
  • No grace period offered on this loan.
  • Applicants must have an existing or clearly defined business plan.