Business

6% p.a.

Business

Description

Business development loan for entrepreneurial members with established ventures.

Maximum Loan Amount UGX 25,000,000
Interest Rate 6% per annum
Interest Calculation Flat Rate
Maximum Loan Period 1 Year(s)
Repayment Frequency Monthly
Minimum Share Capital 10%
Minimum Savings Deposit 20%
Processing Fee 1%
Penalty on Default 6%
Insurance Fees 1%
Security Requirements Collateral 10m+ Guarantor Authorised dealers with MOUs
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