On the road to a brighter future

A short-term credit facility to facilitate the payment of school fees by parents, guardians and caretakers of school children.

Why you should apply for this loan

  • Facilitates educational financing needs of parents/guardians/caretakers

  • Short loan period of 3 months for primary and secondary and 6 months for university and tertiary education

  • Flexible collateral

  • The loan can be offered on a repeat basis depending on repayment history

  • Competitive interest rates

Qualifications for this loan

  • Individuals with active businesses or members of credit groups

  • Applicant must be 18 years and above

  • Sufficient collateral for both existing loan clients up to 100% or for Banana Production Loan up to 60%. (No collateral required for group lending)

  • CRB registration

  • Guarantorship for group clients

Comes with outstanding benefits

  • Relatively large amounts of up to Shs. 3 million

  • Flexible repayment terms and periods of 6 – 18 months

  • No collateral requirements for group clients

  • Faster loan processing time (48 hours or less)

  • Available for individuals and group customers

  • Affordable since loan is based on client’s capacity to repay

  • No cash collateral

Business analysis is carried out in accordance with the recommendations given in the Credit Manual.