This loan product is designed for members in Groups. They guarantee each other to access credit facilities.
The objective is to foster financial inclusion to members who do not possess collateral especially women and the youths.
Loan Amount: From 100,000UgX to 2,000,000UgX per individual within a group.
Loan period : Not exceeding a year.
Grace period: Not exceeding three(3) months
Collateral: Group guarantee.
Interest rate:2.5% per month.
Payment frequency : Monthly.