What kind of loans are given at ECLOF Uganda?

Everyone is different so one size never fits all. That is why we have a wide range of loan products to fit everyone, regardless of situation or lifestyle. So whether you want a business loan or one bursting with options, you will find the right loan that meets your expectations.
Please check the products section for our different products

Am I eligible for a loan from ECLOF Uganda

To Qualify for a loan, you must be:
⇒ Be between 25 – 59 years old
⇒ Have a verifiable source of income
⇒ Live and / or work in cities where we operate
⇒ Have a savings or current bank account with any commercial bank

How much can I borrow and for how long?

You can get up to 100 Million for 24 months. The maximum amount and duration also vary depending on the loan product.
Please check the products section for our different products

How do I apply for a loan online?

Please follow this link Apply to apply or call +256 772 457 976 .

How long does it take to process a loan?

Your loan process can be completed in 48 hours provided all documents are valid & presented on application.

How do I get confirmation that my loan has been approved?

  1. Your account officer will inform you once your loan is approved.
  2. You will also get an SMS Alert on your phone

Why was I offered less than what what I applied for?

Your debt-to-income ratio may not be able to accommodate your loan request.

How do I make my loan repayements?

  1. Cash Deposit or Transfer into any of these designated accounts:
  2. Mobile Money
  3. Cheques: The cheques deposited as part of your loan documentation will be presented to your bank on your due date. Please make sure you have enough funds to cover repayment.

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