Business Loans

N.B: Please provide a space for a picture of a business loan product and below is a description of the product
This is the loan product that is designed to members who are engaged in business activities and they wish to boost their businesses. And the following are properties of the loan product;
⦁ Maximum loan amount of up to Ugx 30million
⦁ Attracts interest rate of 2.5% per month on reducing
⦁ Maximum loan period of upto 36momths
⦁ A member needs to be having 25% of the loan requested (10% in shares and 15%in savings)
⦁ All loans are secured
⦁ All loans require guarantorship
⦁ All loans are insured
⦁ Refinanced at 50%