HFB WOMAN

Short-term loans meant to boost business growth and other capital needs for women-owned businesses in the Microfinance space.

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Features & EligibilityRequirementsApply Now

Features & Eligibility

  • Zero Application fees
  • Minimum loan amount Ug.Shs 500,000 and Maximum Ug.Shs 10,000,000
  • Interest rate of 21% on reducing balance
  • Life insurance – 1.5% of loan amount, 2.5% for Agricultural loans
  • Penalty 6% of the installment amount in arrears
  • Arrangement fees of 2% collected up front (At disbursement)
  • Age of the borrower – 18 to 68 years
  • Should have an income-generating activity or enterprise.
  • The business/ enterprise must be operational for a minimum of 1 year.
  • The borrower must have an account in HFB.
  • Must bear a valid National ID.

Individual Requirements:

  • Clients should be aged between 18 and 68 years.
  • Must have a running income-generating activity and a member of a group.
  • Must have an account with HFB and have been in business for a minimum of 6 months.

Group Requirements:

  • Min of 10 and Max of 35 members living in the same locality.
  • The group must be registered with the relevant body.
  • The group should be registered on the Investment Club App.
  • 80% of the group members should be women.

Loan Terms

  • Min 3 months and Max 12 months.
  • Loans below 1million do not exceed 6months.
  • Minimum Ug.Shs 10,000,000 and Max Ug.Shs 50 million

Individual Requirements:

  • Clients should be aged between 18 and 68 years.
  • Must have a running income-generating activity and a member of a group.
  • Must have an account with HFB and have been in business for a minimum of 6 months.

Group Requirements:

  • Min of 10 and Max of 35 members living in the same locality.
  • The group must be registered with the relevant body.
  • The group should be registered on the Investment Club App.
  • 80% of the group members should be women.

Loan Terms

  • Min 3 months and Max 12 months.
  • Loans below 1million do not exceed 6months.
  • Minimum Ug.Shs 10,000,000 and Max Ug.Shs 50 million

Apply Now

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    Calculator and Details

    Loan Calculator

    Please fill in the following information for an estimation of your repayment amount. Housing Finance Bank reserves the right to determine the final interest rate.

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    Key Features and Charges

    A Mortgage in legal terms refers to ‘the conveyance of title (legal or equitable interest) in real property by borrower to lender for repayment of money or loan. Which simply means that; A Housing Finance Bank Ltd. mortgage is an agreement in which money is lent to a borrower, for home construction, or purchase, buying urban plots or commercial property, using that very property as security.

    Required Documents

    It is easy all you need is:

    • Have an account with us
    • Ascertainable monthly income
    • Have copy of the land title
    • Copy of approved building plans
    • Bills of quantities of outstanding work
    • Photographs of four elevations of the building

    For more information on the various types of loans click here.

    Terms and Conditions

    Loan Terms and Conditions

    Fees and Charges

    Get In Touch

    The property must have a valid land title and building plans with local authority approval Construction must be in permanent materials and the buildings serviced /to be serviced with water and electricity.

    Enjoy quick and flexible banking with our App

    We are here to bring you convenient, fast and secure banking on the go with only a few taps to get all your financial needs fulfilled through the Housing Finance Bank app