Loan/Debt
Centenary Bank – Savings Linked Loan
Description
Short-term loan product requiring a customer who is either s Producer-farmer or Processor to save every month a certain sum for a specific period to reach a targeted amount and at the end of the savings term – usually 12/24 months the customer can be availed a loan against the savings for financing a certain purpose like acquisition of farm equipment, building a farm store or purchase of agricultural processing equipment.
Funding Procedure
Requirements:
Completed lease application form
Financial Card
Cash contribution for the asset/equipment purchase
Valid identification of the leassee and the leased asset
Applicant resident within the branch’s designated area of operation
Possession of relevant business experience
Contacts
Tel: 0800 200555, +256 317202315, +256 417 202 002.
E-mail: info@centenarybank.co.ug