Savings & Loans
Individual Loan at OKE SACCO
Grow your personal projects with our flexible Individual Loan designed for your unique needs. Whether you’re renovating your home, covering medical expenses, or investing in a personal venture, we offer loans from 500,000 UGX to 20,000,000 UGX based on your savings and repayment capacity.
Requirements:
- Active SACCO membership (minimum 2 months)
- Consistent savings history
- 10,000 UGX application fee
- Two guarantors (must be SACCO members)
Collateral Options::
• Your SACCO savings balance
• Share certificates
• Household assets
• Land/property agreements
• Business inventory
- Loan Amount: Start at 500,000 UGX, grow to 30,000,000 UGX
- Interest Rate: Competitive 18% per annum
- Repayment Plans: Choose daily, weekly or monthly installments
- Loan Term: Up to 24 months repayment period