Savings & Loans
Asset Loan at OKE SACCO
Secure the equipment or property you need to grow with our Asset Financing Loan, which covers up to 80% of the asset value for business equipment (machines, tools, vehicles), residential or commercial property, and productive household assets.
Requirements:
- Active membership (6+ months)
- 10,000 UGX application fee
- 2 recent pay slips/bank statements
- Asset quotation from licensed vendor
- Comprehensive insurance coverage
Collateral Options::
• Your SACCO savings balance
• Share certificates
• Household assets
• Land/property agreements
• Business inventory
- Amount: From 2,000,000 UGX to 30,000,000 UGX
- Rate: 15% p.annum
- Term: 6-36 month repayment plans
- Grace Period: Up to 3 months for asset installation