This facility is designed for Government aided institutions, private schools (nursery/kindergartens, primary schools, secondary schools, universities and tertiary institutions with reputable banking history.
Access loan amount of up to UGX 500 million or its equivalent in other currencies
No security required
Easy and quick accessible funding
Ability to borrow up to 70% of average monthly turnover excluding loan installments maximum UGX 500 Million
Competitive Interest rate
Maximum Tenure 6Months
2 passport photos for each of the authorized signatories
Copy of your National Identity card, Passport and Work ID
Work Permit (if foreign National)
License from Ministry of Education and Sport
Operating License/Trading License
Registration by MoE
Letter of No objection from Ministry of Education and Sport for government aided schools
