Pride Boda Boda Loan

Become Your Own Boss with a Pride Boda Boda loan with only UGX 500,000, a Valid ID and 2 guarantors

What do I need to get a Boda Boda Loan?

  • Have a savings account with Pride/ Willing to open an account
  • Be a recognized, operating on a stage; such a recognition shall be made by the stage leadership/stage chairperson
  • Shall have operated at the stage for a period of at least 6 months
  • Valid National ID
  • Should be between 18-60 years of age
  • Contribution of only Ugx. 500,000 for individual applicants.
  • 2 guarantors with one being a member of the applicant's association or stage, and this shall be confirmed and recommended in writing by the Boda-Boda association or stage.
  • For the group clients, Contribution of at least 10% of the cost of the motor cycle as Loan Insurance Fund (LIF) for applicants.

Benefits of the Boda Boda loan

  • Contribution of only UGX 500,000 to access the facility
  • Available to both Group and Individual clients
  • Assets bought form part or all of the security required
  • Quick loan processing and disbursement
  • Available to both existing and new clients
  • Asset bought is able to supplement your income, hence increasing growth of revenues

Apply for this Loan
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