AMFIU | View Institution Details
Institution Name:
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Agric Loan Product Name:
General Product Description:
Short to - medium term loan designed for the purpose of business expansion and agriculture enterprising
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Eligibility Criteria:
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Collateral Requirements:
5 personal guarantees of good reputation in the community for each group member within a group.;Chattel mortgage on business assets and or equipment ; Secondary security of animals, household items, motorables.; For group individual loans between Ugx 700,000 to Ugx 1,000,000 must pledge physical collateral to the SACCO in form of kibanja or chattels.
Insurance:
Functional Insurance premium of 2% on disbursement
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