Group Business Loan
Opportunity Bank Uganda Ltd offers group business loans to support the growth and development of businesses in Uganda. These loans are specifically designed to cater to the needs of groups or associations of individuals who come together for entrepreneurial activities.
Benefits
- Set Up Fees 2.3% of the Loan Amount,
- Free Insurance,
- LSF OF 15% - 20%, Group Guarantee, Other Flat
Requirements
- For Working Capital UGX 100,000-UGX 5,000,000
- 3-12 Months Weekly, Fortnightly
- Application Fees 5,000
- Group Repayments; Weekly, Bi weekly dependant on season Loan duration 12 months