Quick Loan
Loan Products
This is a special facility extended to SACCO’S members within 24 hours to meet emergency needs.
Characteristics of Quick Loan
This is a special facility extended to SACCO’S members within 24 hours to meet emergency needs.
| Characteristic | Description |
|---|---|
|
Maximum Loan amount |
UGX 1,000,000 |
|
Maximum Loan period |
3 Months |
|
Repayment frequency |
Monthly or lump sum |
|
Loan Interest |
5% Per Month |
|
Interest calculation method |
Flat rate |