Cente SupaWoman Loan
Product Features
- Maximum loan amount of up to UShs. 20 billion.
- Maximum loan period of up to 10 years; minimum flexible.
- Interest rate charged on reducing balance.
- Repayment frequency/ pattern agreed with each customer
- Grace periods of up to Twelve (12) months applicable on a case-by-case basis.
Benefits
- Cente SupaWoman Individual (Ordinary) account holders can access unsecured loans up to UShs. 5 million at an interest rate of 20% per annum, with a repayment period of up to 2 years (24 months).
- Cente SupaWoman Savings (Executive) account holders are eligible for unsecured loans up to UShs. 7 million at an interest rate of 18% per annum, with a repayment period of up to 2 years (24 months).
- Flexible loan repayment periods.
Requirements
- An active Cente SupaWoman account (Ordinary or Executive).
- National ID.
- Guarantors who must be persons of good repute within the local community.
- Proof of existence of a business.
- Good credit history.