A tailor made product for those who are registered cyclists but cannot afford their own motorcycles.
BENEFITS & FEATURES
- Opening of savings account with Yako
- Uganda National ID and stage card.
- Non refundable payment of 50,000 UGX for processing of loan.
- Initial Deposit of only 1,000,000 UGX.
- All motor cycles are covered with Comprehensive & Credit life insurances.
- Competitive Interest rate of 2% per month calculated on reducing basis.
- Free SMS alerts on every transaction & free statements on demand.
- Repayment 20 months/86 weeks (weekly payment basis)
- Weekly payment of 60,000 UGX.
- Contribution of 5000 UGX towards his savings account on weekly basis