Kireka Sacco, Bulaga, Mityana Rd | +256 704 157 914 | info@kirekasacco.com

Savings & Loans

Grow your money safely and access affordable credit when you need it most.

Our Savings Products

Regular Savings

Flexible daily/weekly/monthly deposits. Earn competitive interest.

From UGX 5,000/month
High Yield

Fixed Deposit

Lock your money for 6-36 months and enjoy higher returns.

Up to 12% p.a.

Group Savings

Ideal for VSLA groups, women/youth associations.

Collective Growth

Current Interest Rates

Product Minimum Balance Interest Rate (p.a.) Compounding
Regular Savings UGX 10,000 1% Monthly
Fixed Savings UGX 100,000 1 - 3% Monthly
Target Savings UGX 100,000 8 - 10% Annually
Voluntary Savings UGX 5,000/member 1% Monthly

Benefits of Saving with Us

Secured Savings

Your deposits are fully protected and insured.

Annual Dividends

Share in the profits of the cooperative.

Easy Loan Access

Qualify for loans up to 5x your savings.

Financial Training

Free workshops on budgeting & investment.

Loan Products

Emergency

Emergency Loan

For urgent needs like medical or school fees.

Processed in One Day
Business

Business Development Loan

Grow your enterprise with flexible terms.

Limited to members with Businesses.
Agriculture

Agriculture Loan

Support farming activities and agribusiness.

Limited to Members with Agricultural Investment.

Loan Application Form

Loan Eligibility Criteria

  • Must be an active member for at least 3 months
  • Consistent savings record
  • Good repayment history (if previous loans)
  • Provide 2 guarantors
Maximum Loan Amount: Up to 5 times your total savings
Interest Rate: 1.5% - 2.5% per month (reducing balance)

Sample Repayment Schedule

Month Principal Interest Total Payment Balance
1UGX 400,000UGX 75,000UGX 475,000UGX 4,600,000
2UGX 410,000UGX 69,000UGX 479,000UGX 4,190,000
3UGX 420,000UGX 63,000UGX 483,000UGX 3,770,000

* This is an illustration. Actual schedule provided upon approval.

Guarantors Information

All loans require two guarantors who are also active members of the SACCO. Guarantors must:

  • Have sufficient savings to cover the loan in case of default
  • Sign a guarantor agreement form
  • Be in good standing with the cooperative
Note: Guarantors are jointly and severally liable for the loan.

Ready to Grow or Borrow?

Our team is here to support your financial goals.

Apply for a Loan Today
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