Product Overview
The School Fees Loan helps eligible members manage education expenses for their children at primary, secondary or tertiary level. Education is a priority investment for many families in Kisoro, and this product is designed to make it more manageable. Confirm current terms and requirements with our office.
Intended Purpose
- Payment of school fees at primary or secondary level
- Tertiary institution tuition and related costs
- School uniforms, books and learning materials
- Other directly education-related expenses
Eligibility Requirements
Eligibility criteria must be confirmed with Mubuga SACCO staff. The information below is indicative only.
- Active SACCO membership in good standing
- Responsibility for a child or student's education costs
- 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
- School fee invoice or admission letter 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
When should I apply for a school fees loan?
Apply before the school term begins to allow processing time. Contact our office for guidance on timing.
Can the loan cover multiple children?
Discuss your specific circumstances with SACCO staff. Loan terms are subject to management approval.