Let’s facilitate your business transactions

A short-term credit facility for groups of at least 5 active entrepreneurs.

Why you should apply for this loan

  • Facilitates business performance and growth

  • Flexible repayment period

  • No need for a trading license

  • Flexible collateral

  • Competitive interest rates

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

  • Affordable loan amount ranging from Shs. 300,000 – 4 million

  • Each individual member is able to get a loan when they need it

Loan Qualifications

  • Individual borrowers with active businesses

  • Applicant must be 18 years and above

  • At least 6 months of business existence and activity

  • Group solidarity

  • CRB registration

  • Groups with a minimum of 5 members willing to make a joint guarantee

  • Group benefits by earning 3% interest per annum

  • Limited withdrawals, i.e, one withdrawal per week. Extra charge of Shs 5,000 for every additional withdrawal in the same week

Comes with outstanding benefits

  • Credit facility of up to Shs. 4 Million

  • The group is self-managed

  • Group meets with its own determined schedule

  • Flexible repayment terms and periods of 3 – 12 months

  • Faster loan processing time (48 hours or less)

  • No need for members to first save with FINCA Uganda before accessing the loan

  • Loans are approved by group members

Apply for loan