Motorcycle loans
- Share capital 05 shares (100,000=)
- Balance amount on the market price and all charges to be deposited on the voluntary savings account
- Original receipt and log book kept by Kidefise Sacco until final payment
- Top ups not allowed.
- No cash issued out but physical new motorcycle from the supplier
- Second hand motorcycles are not allowed
- Must have a TIN number
- Loan reschedules are allowed
- Maximum loan Ugx 4,000,000=
- Payment terms monthly
- Security is the tracking device and its charges to be met by a customer
- Maximum Loan period 24months
- Recommendation letter from boda boda stage he/she is attached to.
