Vision School Fees loan was designed to help parents, guardians
and students for payment of school/tuition fees, purchase of uniforms,
scholastic materials and text books. The loan applies to all levels of
education, right from Nursery, Primary, and Secondary to Tertiary or University
level, as long as the beneficiary student is enrolled in or offered a place in
a study program in Uganda. One can access a loan amount as low as UShs
100,000/= up to a maximum amount of UShs 5,000,000/=. Approval depends on the
borrower's ability to repay the loan and takes into consideration all sources
of regular income.
Main Features:
• Loan period of up to 12 months
• Disbursement is made directly to the
institution where the beneficiary is enrolled
Short term business loan targeting business enterprises.
Main features:
• Interest charged on flat rate
• Minimum loan amount UShs. 100,000/=
• Maximum loan amount of up to UShs. 13.5 million
• Flexible and regular repayment plans available
• Loan period of up to 12 months
The loan targets agricultural business activities in the entire
value chain including production, processing and marketing of products, animal
production (poultry, piggery and diary projects), fishing and fish farming, bee
keeping and food processing (i.e. grain mills, rice mills and coffee
hullers).
Main features:
• Loan period for working capital purpose is up to a maximum
of 12 months
• No principal loan repayments during the grace period of 2
months except for the interest
• Repayable through equal installment payments whose amounts
are dependent on the projected cash flow of the agricultural activity
• Interest charged on flat rate
• Minimum loan amount 100,000/= for Groups and 1,000,000/= for Individuals
• Maximum loan amount is UShs.13,500,000/= for individuals
and >3,000,000/= for group
• Membership in a group ranging from 5 to 20 people (for
farmer groups)
The asset loan has been classified under renewable energy like
solar, bio-gas, motorcycle, motor vehicle, water and sanitation loans. It’s a
loan whose maximum loan period is 24 months and is designed for providing
finance to customers who desire to purchase and install solar power at their
places of residence or business, purchase boda boda motorcycles, purchase
agriculture farm implements and drill shallow wells.
Main features:
• Minimum loan amount term ranges from a minimum of six
months to a maximum of 24 months depending on the loan amount applied, the
purpose and the capacity of the customer to service the loan
• Minimum loan amount UShs 1,500,000
• Maximum loan amount UShs 40 million
• Borrower provides equity contribution of 30% to 40% of the
value of the asset to be purchased
• Asset purchased becomes security for the loan.
Main features:
• Minimum loan amount term ranges from a minimum of six
months to a maximum of 24 months depending on the loan amount applied, the
purpose and the capacity of the customer to service the loan
• Minimum loan amount UShs 1,500,000
• Maximum loan amount UShs 10 million
• Borrower provides equity contribution of minimum 1 Million
• Asset purchased becomes security for the loan.