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    info@wazalendo.co.ug
    +256414668650
    memberservice@wazalendo.co.ug
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  • Asset financing loan

    Asset financing loan

    This is a loan product designed specifically for members who want to finance the purchase of any asset with the primary aim of generating income for example land, motor vehicle and motorcycles, house hold items like solar for lighting and running businesses, small scale processing equipment.

    • Maximum loan of Ugx100 Million
    • Attracts interest rate of 13% per annum
    • Loan above 40M to be secured by deposit collateral of 33%.
    • Minimum loan period of 5 years
    • Repayment capacity of 50%
    • Refinanced at 75%

    Loan Granting Procedures

    Basic Considerations when appraising loans

    Asset financing loan