Loan Facilities

This scheme helps our members to grow their businesses, do investments and pay school fees for their childrens at school.

Requirements for a loan
1. Should have an account with the us
2. Photocopy of identity card
3. A running business or salary
4. A business plan for business loans
5. Recommendation letter from employer for salary earners
6. 2 guarantors
7. Collateral security (land agreement, title, log book)
8. Recommendation letter from LC1
Terms and Conditions
1. Completed application form
2. Interest rate of 3% per month
3. Should have shares worth 10% of loan applied for (individual loans only)
4. Loan should not exceed 40% of the value of the security offered
5. Borrower should allow SACCO staff to assess his or business and security
6. Loan sizes shall depend of the client’s ability to pay
7. Borrower must repay his or her full installment on the agreed date without fail
8. Loan insurance of 1%
9. Loan process fee of 1%
10. Repayment period (12 months) for individual loans

Loan Facilities include;
Personal Loan
Group Loan
Emergency Loan
Taka Loan
Church Taka Loan
Business Loan
School Fees Loan
Motor loan
Upcoming Event

A Quick View

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SAVING PRODUCTS
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Voluntary Saving
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Fixed Deposit
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Harvest Super Save
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LAON PRODUCTS
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Business Loan
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Individual Loan
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Group Loan
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School Fees Loan
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Emergency Loan
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Taka Loan
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Church Taka Loan
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INVESTMENT PRODUCTS
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Shares
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Land
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Investment
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Banking Services provided by Glory Savings and Cooperative are monitored by the Registrar of Cooperatives.
About Us

At Glory Sacco Ltd, we take pride in providing our client's personalized financial services. Celebrating 6 years of combined...

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Saving Facilities

Voluntary Saving
Fixed Deposit
Harvest Super Save

  
Loan Facilities

Business Loan
Individual Loan
Group Loan
School Fees Loan
Emergency Loan 
Investment Facilities

Shares

Land

  
Our Contacts

Glory House, Kasubi - Kawaala Lane, Plot 5167, Kampala.
P.O.Box 9543, Kampala, Uganda
Tel: (256) 0752-129501
Mobile: (256) 0704-050229
E-mail: glorysavingsandcredit@gmail.com
Monday - Friday: 8:30 AM - 17:00 PM
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