Earn up to 3.5% interest on your savings
More Detailscustomerservice@ugafode.co.ug
Updates:
Achieve your dream with our target saver account
Know About
Savings Products
UGAFODE Microfinance Limited MDI takes pleasure is securing your savings and ensuring that your money is available to you when need arises. Our various saving products allows you focus as you save due to their flexibility and the wide variety
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Earn on your fixed savings
Potential clients who wish to save their money and earn interest at the end of the period
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Faster account opening processing
Processing is completed in just 24 hours
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Serving You and Your Community
To help you accomplish your dreams
Why open an account
Facilitate personal growth and development.
Comfortability
Invest and earn while comfortable with UGAFODE
Faster account processing
An account is processed in only 1 day.
5% interest earned yearly
Can be arranged on request
Guaranteed Safety
Achieve your goal with UGAFODE Target Save Account
Notes
Minimum loan tenor: 3 months, max 36 months, repayment modes for group/individual loans, weekly, tri-annual, bi-weekly, monthly, quarterly, yearly, & bullet
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Eligibility to Open Account
To open an account
- 1 Passport Photo
- National/Refugee Identity Cards
- Initial Deposit (not less than 5,000/=)
- Regular business income
- For foreigners: valid entry permits, copy or original passport and certificate of residence or work permits
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Fees & Charges
To apply for a loan
- For salary person savings for atleast 3 months or more
- You will need to be minimum 18 years of age.
- Legally operating business activity for business loans
- Business experience of 6 months for business loans
- Verifiable source of income
- Location is also another factor
