Business / Commercial Loan
Credit to grow your business, trade or commercial enterprise
Product Overview
The Business/Commercial Loan supports eligible members who run businesses, market stalls, retail shops or other trading and commercial activities. This product helps members invest in stock, equipment or working capital to sustain and grow their enterprises. All loans are at 1.8% per month on a reducing balance. Contact us to confirm current terms and eligibility.
Intended Purpose
- Purchasing business stock or inventory
- Meeting working capital needs for a small enterprise
- Acquiring equipment or tools for a business
- Supporting market traders and small shop owners
Eligibility Requirements
Eligibility criteria must be confirmed with Mubuga SACCO staff. The information below is indicative only.
- Active SACCO membership in good standing
- Evidence of an existing or planned business activity
- Ability to provide required security or guarantor
- Other criteria as confirmed by management
Typical Documents Required
Exact documentation requirements must be confirmed with SACCO staff before applying.
- Valid national identification document
- Proof of SACCO membership
- Completed loan application form
- Evidence of business activity where required
- Security or guarantor documentation as required
Interest Rate & Repayment Terms
All loans: 1.8% per month on reducing balance.
Contact the office directly to confirm your specific repayment schedule, loan limit and any applicable fees before applying.
Frequently Asked Questions
Can I apply for a business loan as a new member?
Membership standing requirements must be confirmed with SACCO staff. Contact our office to discuss your situation.
Is there a minimum or maximum loan amount?
Loan limits must be confirmed with SACCO management. We do not publish unverified figures.