Institutions to consider here are churches, mosques and schools at all levels

• No insurance fees but loan processing fees are charged.
• For schools operational licence is a must and a letter of consent from BOG or parish priest or from Bishop and this also applies to churches.
• Interest rate 2% reducing.
• Maximum loan Ugx 200,000,000=
• Share capital of ratio of 1:10 and 1,000,000= for loans of 5,000,000= and above
• Security can be school fees or land depending on the deposits of the school
• Interest rate 2% reducing
• Payment terms monthly, quarterly, or every four months
• Maximum Loan period 36 months