This loan offers a fast and secure means of boosting an individual’s income. It is ideal for all entrepreneurs engaged in income generating activities and would like to grow their businesses.
What do I need to get an individual loan?
- Have a reliable source of income
- Have a savings account with Pride.
- Should be a resident within 50km from any Pride branch.
- Should be above 18 years.
- Have adequate security e.g. land, motor vehicles or chattels such as House hold or business assets and guarantor(s).
Benefits of individual loan
- Quick processing i.e. within 3 days.
- Flexible loan sizes i.e. from Shs 200,000.
- Flexible repayment period of up 36 months.
- Loans are insured against death and disability.
- Flexible security requirement.
- Possibility of accessing it alongside another product.