Butare Ward B, Kyamuhunga Town council, Bushenyi District
Interest 2.0 to 2.5% reducing balance depending on the number of shares held and the repayment record.
Loan amount : UGX 500,000 to 200,000,000 for Institutions
Loan amount : UGX 50,000 to 100,000,000 for Individuals
Interest 2.5% reducing balance per month, purchases 4% of the loan amount as shares and a compulsory saving of 10% of the loan during the agreed loan period.
Repayment frequency: Weekly, Monthly, Termly Quarterly or
Loan Period: 1 to 24 months
Collateral security should be three times the approved amount