Cash Flow Loan

Cash Flow Loan

Cash Flow Loan is a product whose recoveries are made from a member’s business cash flows

Key features of cash flow loan

  • Application fees of Ugx 10.000
  • Loan commission 2%
  • Loan appraisal & management fees 1%
  • Loan protection on fund 2.5%
  • Interest rate 15%pa
  • Penalty for late payments 3% of amount in full default
  • Loan period, maximum of 60 months
  • Collateral for security cover of loan (physical or certificate of deposits) and the loan shall not exceed 50% of the value of the collateral pledged.