SOLAR LOAN
This product helps members to use the modern solar energy to light up their houses and businesses since Hydro power is not reliable. RUSSO supports Government in the rural electrification of members who cannot access hydro electric power
Requirements
- Loan amount is between 100,00 to 10,000,000ugx
- Loan period of 1- 24 months.
- Interest rates of 2.8% with declining balance.
- Repayment mode – Monthly/quarterly.
- SACCO pays all installation and equipment costs.
- Total costs involved is a loan amount disbursed to a client.
- No Grace period is given to a client
