The purpose of the loan is to Purchase a Laptop to be used for office work in Uganda. In early Oçtober this year we had a robbery at home in Sseguku and all our Laptops were stolen onto which Backoffice application used for loan management was installed.
Currently, our office in Uganda lacks a good computer to run a Backoffice Application, communication using skype/email and office tools like word, excel etc.
Therefore, we seek for a loan from lenders to purchase a laptop that will be used to process loans for our clients and other office activities.
Asset Financing Loan
Auction end date
Lender interest limit
Average lender interest
Cost for business
APR (Annual percentage rate)
Sseguku Microfinance Uganda is a tier IV registered company in Uganda based on peer – peer lending model and it raises funds through a Dutch auction. We lend money to low income entrepreneurs under group loan, individual, agriculture and SME products. The minimum repayment period for these loans is six (6) months.