Loan product
Enterprise Growth Loan
For established enterprises and professional practices.
For graduate enterprises trading for at least six months and professionals such as doctors, lawyers, engineers and accountants establishing or expanding practices. Appraised on cash flows, records and growth plans. Employed graduates investing in a side enterprise may repay through payroll check-off.
- Eligibility
- Enterprises trading for at least six months, and professional practices.
- Amount range
- UGX 10,000,000 to UGX 100,000,000
- Maximum repayment period
- 36 months
- Interest rate
- 12% p.a.
- Calculation method
- Reducing balance
- Guarantors
- 2 active members
- Collateral & security
- Business assets, savings of at least 15 percent of the loan, guarantors and, where available, land or other collateral.
- Fees
- Processing fee of 1 percent of the loan. Credit-life insurance at cost. Late payment: 1 percent per month on the overdue instalment only. A key facts statement before disbursement.
Repayment illustration
Estimate your repayments
Reducing balance estimate
Estimated monthly repayment
UGX 444,244
- Total interest
- UGX 330,927
- Total repayment
- UGX 5,330,927
Illustration only. This is not a loan offer or approval. Actual terms, fees and eligibility are confirmed in your loan agreement after appraisal.