Product Overview
The Home Improvement Loan helps eligible members invest in the construction, renovation or development of their family homes. Improving one's living conditions is a meaningful goal for many households in Kisoro. Contact our office to confirm current terms and eligibility requirements.
Intended Purpose
- Construction of a new family home
- Renovation or extension of an existing structure
- Roofing, flooring and structural improvements
- Installation of basic home utilities and amenities
Eligibility Requirements
Eligibility criteria must be confirmed with Mubuga SACCO staff. The information below is indicative only.
- Active SACCO membership in good standing
- Ownership or lawful occupation of the property
- Ability to provide required security or guarantor
- Other criteria as confirmed by management
Typical Documents Required
Exact documentation requirements must be confirmed with SACCO staff before applying.
- Valid national identification document
- Proof of SACCO membership
- Completed loan application form
- Land title or proof of property rights where required
- Security or guarantor documentation
Interest Rate & Repayment Terms
All loans: 1.8% per month on reducing balance.
Contact the office directly to confirm your specific repayment schedule, loan limit and any applicable fees before applying.
Frequently Asked Questions
Do I need to own land to qualify?
Property requirements must be confirmed with SACCO staff. Contact our office to discuss your situation.
Can I use this loan for rental property construction?
The intended use is subject to management approval. Discuss your plans with SACCO staff before applying.