Main features

  • Application fee 10,000

  • Interest rate is of 2.16% per month flat rate on loans between UGX100,000 to Ugshs3,000,000

  • And 3.16% declining on loans above UGX3,000,000

  • Financing clients to enable them purchase business and house hold assets

  • Apart from school fees, all loans products have a limit of 20 million
  • Apart from school fees loan, all loans have a maximum period of 24 months
  • Insurance on all Loans against death and disability: 1% of loan disbursed on loans below one year and 1.5% of loans above one year.


Requirements

  • Collateral in form of loan security fund and the asset purchased eg. land titles, log books, sales agreements, and collateral substitutes.

  • Maximum loan size is UGX 100,000 to 10,000,000

  • Repayment frequency is monthly with one month grace period

  • 5-15% initial deposit refundable after loan repayment

  • Loan Processing fee of 4%

Contact KMF

KMF Location Kiryatete Kolping Building Rwentuha Road

KMF Phone Contacts +256 362 274 508, +256 392 831 482

KMF Email kedephoima@gmail.com
KMF Website www.kmfug.com