Loan Applicant Requirement:

* Age between 20 to 60

* Uganda Citizenship

The Loan App offer:

* Loan Amount: Ugx60,000 - Ugx 400,000

* Loan Term: 91 - 365 days

* Interest rate: 0%

* APR: Min.15% - Max. 52%

Example:

If the loan amount is UGX160,000, the loan term is 180days, and the APR is 50%, the total service fee should be UGX160,000 * 50%/2 = UGX40,000.

The total amount must be paid: 160,000+160,000*50%/2=UGX200,000

For one-time repayment: Pay UGX200,000 after 180 days.

For monthly repayment: your monthly repayment amount will be UGX200,000/6 = UGX33,333.33

Loan principal: UGX160,000 (180 days)

Loan fee(total fee of the loan): UGX40,000 (25% rate)

Total amount payable: UGX200,000

APR: 50%