QUALIFYING CRITERIA
BENEFITS
CHARGE ITEM
Interest rate
Method of interest calculation
Monitoring fees
Processing fees
Loan protection fund/insurance
Loan application fee
Transport, installation and connection fees
Shares
Savings
Minimum loan Amount
Maximum loan amount
CHARGE ITEM
1.5% Per month
Reducing/declining
None
1% of the value of the bio-gas plant-loan
1% of the loan charged upfront
10000 Ugandan shillings
Free
5% of the loan
Any amount the client affords
10000000 Ugandan shillings
1000000 Ugandan shillings
QUALIFYING CRITERIA
- + QUALIFYING CRITERIA
QUALIFYING CRITERIA
Individuals whether members of EBO SACCO or associate members (non shareholders but with accounts in any of the EBO branches) Individuals and Institutions that have fully opened accounts with EBO SACCO LTDPotential end users willing to use cash or loan to make the bio digester product purchases. Anyone who has the cow dung as the major raw material.- + BENEFITS
BENEFITS
Subsidized by the government of Uganda through UECCC. Competitive interest rate of 1.5% per month charged on declining balance per month. Free installation costs. Enough loan period. Repayment plan tailored to clients capacity to pay. Plastic biogas plant forms a security. Clients servicing other loan products can access it too simultaneously. No compulsory savings required. No transport costs to the site by EBO staff. Quick processing time of maximum 3 days The kit itself becomes a security.- + SUMMARY INFORMATION
CHARGE ITEM
Interest rate
Method of interest calculation
Monitoring fees
Processing fees
Loan protection fund/insurance
Loan application fee
Transport, installation and connection fees
Shares
Savings
Minimum loan Amount
Maximum loan amountCHARGE ITEM
1.5% Per month
Reducing/declining
None
1% of the value of the bio-gas plant-loan
1% of the loan charged upfront
10000 Ugandan shillings
Free
5% of the loan
Any amount the client affords
10000000 Ugandan shillings
1000000 Ugandan shillings- + WHY BIOGAS
QUALIFYING CRITERIA
Safest cooking energy Bi-slurry is good for crop growing and even feeds for chicken,pigs,etc Preserving environment Cheapest and yet reliable source of power for cooking and lighting