Loan Amounts and Repayment:
We have three working capital loan products called “Kapito”.
To qualify for a higher Kapito, you need to develop your credit score by making timely payments.
Kapito 100
Loan Amount
UGX 100,000
Pay back daily
UGX 4,000
Duration
30 Days
Starter-level
Kapito 200
Loan Amount
UGX 200,000
Pay back daily
UGX 8,000
Duration
30 Days
Requires 200 Credit Points
Kapito 300
Loan Amount
UGX 300,000
Pay back daily
UGX 12,000
Duration
30 Days
Requires 300 Credit Points
Loan Approval Process:
Once you have Registered on the App, you are legible to apply for a loan.
The loan approval process involves endorsement by your stage Chairperson and any two other members of your stage.
Upon endorsement, your credit score and the credit scores of your endorsers are checked. If everything is in order, the loan is approved. Yes, that’s all it takes!
Approved loans are sent by mobile money to your registered phone number.
Still got questions? See the FAQs
GooglePlay
AppStore
