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Ugandan GraduatesSACCO

Loans

Fair credit, funded by members, for members.

Seven loan products for graduates who produce, from a first enterprise to a regional cluster. Each priced differently from 9 to 13 percent, always on a reducing balance, compared with 18 to 21 percent at commercial banks.

Women and Inclusive Enterprise Loan

The lowest rate, for female graduates and graduates with disabilities.

Amount
UGX 1,000,000 to UGX 20,000,000
Rate a year
9% p.a. · Reducing balance
Details

Agro Value Chain Loan

Inputs, production, aggregation, storage and processing.

Amount
UGX 2,000,000 to UGX 200,000,000
Rate a year
10% p.a. · Reducing balance
Details

Innovation and Technology Loan

Matching capital to commercialise innovations.

Amount
UGX 2,000,000 to UGX 50,000,000
Rate a year
10.5% p.a. · Reducing balance
Details

Graduate Start-up Loan

The flagship loan for new graduate entrepreneurs.

Amount
UGX 1,000,000 to UGX 10,000,000
Rate a year
11% p.a. · Reducing balance
Details

Asset and Equipment Finance

Machinery and equipment, financed up to 80 percent.

Amount
Up to UGX 500,000,000
Rate a year
11.5% p.a. · Reducing balance
Details

Enterprise Growth Loan

For established enterprises and professional practices.

Amount
UGX 10,000,000 to UGX 100,000,000
Rate a year
12% p.a. · Reducing balance
Details

Emergency Loan

Quick support for urgent personal needs.

Amount
Up to UGX 2,000,000
Rate a year
13% p.a. · Reducing balance
Details

Loan calculator

Know the full cost before you borrow

Enter an amount, rate and period. Compare reducing balance and flat rate methods side by side.
Interest calculation method

Reducing balance estimate

Estimated monthly repayment

UGX 302,593

Total interest
UGX 446,668
Total repayment
UGX 5,446,668

Illustration only. This is not a loan offer or approval. Actual terms, fees and eligibility are confirmed in your loan agreement after appraisal.

Fees and charges

  • No loan above 13 percent a year, on a reducing balance
  • Processing fee of 1 percent of the loan amount
  • Credit-life insurance premium charged at cost
  • Late payment: 1 percent per month on the overdue instalment only, never on the whole loan
  • Seven loan products, each priced differently from 9 to 13 percent
  • A key facts statement before disbursement, and no hidden charges