Micro Business Loan

Short term business loan for financing working
capital and asset acquisition of micro business
enterprises.

Basic Requirements:

• Savings or Current Account with the Bank.
• Movable collateral like vehicles, household property or business assets.
• Guarantees, personal or corporate.
• Application fee of Shs. 5,000.
• Inspection of collateral.
• Legal perfection of collateral and guarantees.
• Applicant must be resident within the branch designated area of operation.
• There must be an on-going business activity

Benefits:

• Fast and easiest way to access business funds.
• Affordable to most low income earners and rural poor.
• Informal loan security accepted.