Nyumba (Housing) loan

This is a loan product designed for members who want to construct buildings or complete those that are under construction both commercial and residential.

Products and features

Maximum loan of up to UGX 100M
Attracts interest rates of 13% per annum
Loan above 40M to be secured by deposit collateral of 33%
Repayment period of up to 5 years
Refinanced at 75%.

Loan Granting Procedures

Basic Considerations when appraising loans