Benefits

• Long repayment period of up to 20 years
• High loan amounts of up to 80% of the loan value
• Loan repayments of up to 35% of your ascertainable gross income
• Loan payable on a reducing balance basis in predictable equal monthly installments
• Competitive interest rate

Application Checklist

• Copy of a valid land title
• Copy of approved building plans
• Bills of quantities of the outstanding work (in case of construction)
• Photographs of at least four elevations of the building
• Copy of a sale agreement (in case of purchase)
• Environmental impact Assessment report from National Environmental Authority ( NEMA) for projects of UGX 1 billion and above

Requirements

Salaried Persons

• Proof of borrower’s income i.e. Letter from employer, pay slips for the last 2 months or a Bank statement for the last 12 months
• Completed application form
• Copy of financial card, valid ID and passport photos
• Spousal consent or statutory declaration for marital status
• Certified copies of Company founding documents (in case of self-employed applicants)

Self Employed Persons

• Companies have to present audited financial statements, certificate of incorporation, memorandum and articles of Association, copy of Form 7 and a Bank statement of 2 years
• Sole proprietorship need certificates of registration and Bank statements for 2 years
• Completed application form
• Copy of financial card, valid ID and passport photos
• Spousal consent or statutory declaration for marital status
• Certified copies of Company founding documents (in case of self-employed applicants)