Features

  • Legal business
  • Flexible repayment period 1-12 months
  • Very attractive interest rate.
  • Minimum loan amount is ugx 300,000
  • Interest charged on reducing balance
  • Flexible collateral/security requirements

Requirements

  • National ID
  • An active mobile number of any network or account in any bank.
  • Acceptable collateral.
  • Guarantors
  • Business must be legal.
  • Letter of recommendation from the area of residence (LC1), for the group/ individual, A temperate is provided by Tembeya Investments and Financial Services (TIFS)
  • One passport sized photograph.
  • At least 6 months experience in the business to be funded.
  • A UGX 10,000 non-refundable Application commitment payment at the end of the training classes