Frequently Asked Questions

Can I get a business loan?

Yes, we offer business loans to micro businesses, small businesses and medium sized businesses. We also offer contract fulfilment loans and asset finance loans.

I do not earn a salary, can I get a loan?

Yes, we offer loans to anyone that can show verifiable sources of income and demonstrate their ability to repay the loan that they request.

How long can I take to repay my loan?

We typically offer loan terms of less than a year, but can also provide tailored loans for longer durations.

Can I top up my loan?

Yes, you can top up your loan subject to creditworthiness and affordability checks. This can be done for a fee comparable to the loan application fees.

What is the interest rate?

Our interest rates range from 4.5% per month to 9.5% per month. However, the interest rate we offer is subject to a risk assessment.

Can I pay back early?

Yes, you may pack back your loan early. There is a small charge for processing your early repayment which is equivalent to one (1) months interest.

How much can I borrow?

You can borrow from UGX 1 million to UGX 200 million. The actual amount we can grant you is dependent on the quality of your security/collateral and your ability to repay the loan.

How do I make repayments?

You can make repayments to our bank account. This can be done by cash in branch or by mobile money or by electronic funds transfer. We do not handle cash.