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Photocopy of ID for next of Kin or Birth certificate for minors
B) Group and Institutions Requirements
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Registration fee 10,000
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Certificate of registration for non - Church group.
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Recommendation from the local Church Leader if it's a Church group
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One Passport Photo for each signatory
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Original national IDs for Directors/signatories
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A minute from the members
Loan Procedures and Requirements
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For Churches and Institutions must have minimum shares (20 shares) which is Ushs: 400,000
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Loan application fees 10,000 church, 20,000 individual
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Loan Security (land, Machinery, and household chattels)
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Two (2) guarantors who are members and their IDs.
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One should at least have saved 25% of loan applied for.
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Consent from applicant spouse & client passport photo.
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For Church workers, (Rev., L/R, Compassion and other Church institution, your salary should been paid centrally in the diocesan account office for church workers.
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Insurance fees 1% of approved loan amount.
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Loan processing fees 1% of approved amount.
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Normal loan 2% flat rate
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Emergency loan 10% flat for a period of (1-3) Months
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Yearly dividends on shares (churches/Institutions), compulsory savings for individuals.
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Business development skills and Health education to our members
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Loan refinancing and restructuring for clients who meet uncertainties.
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Non mortgaged loans for Church institutions provided Bishop have recommended
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Loan processing takes 2-7 days if all requirements are available
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Mobile banking to our clients, and SMS Alerts.