Product Name: Boda Boda Upliftment Loan
Nature of Loan: Short Term
Minimum Loan Amount: UGX 100,000
Maximum Loan Amount: UGX 750,000
Rate of Interest: 3% - 5%PM Flat Rate on Weekly Basis
Repayment Period: 28 Weeks (Maximum)
Any individual with a valid reference letter by Boda Boda 2010 Association Uganda Limited.
Original comprehensive policy of NIC with a line clause of Yako MDI Group Guarantee -Minimum of 5 persons.
Passport Size Photograph- 2 (Latest) Identity Proof- Boda Boda Association ID card (Mandatory), Uganda National ID, PASSPORT, Driving Permit
The borrower fill up the below documents
- Loan Application Form
- DP Note Form
- Loan Agreement
- Borrower Profile Form
- Guarantee Form
- Account Opening Form