This is a soft loan for a period of six (6) months duration. It allows qualified daily savers to access a maximum of 500,000frs evaluated on the basis of your savings attitude in the past 90 days. The interest rate for this facility is 2% and the member would therefore pay an interest of 10000frs each month for the 6 months. The facility must be repaid in full before the member can apply for another facility of this nature. The daily saver must be a member with UB Finance and of good Standing (must not be in default) with the ability to repay and have a minimum of 1/5 in the savings which must be held against the duration of the individual loan. The advantage is a hassle-free, same day and cash. For further information, feel free to contact the office.
Mission
UB FINANCE is a category 1 Microfinance Institution with registration No 22/088/CRM/SW/53/282/CCA/ 036004/03600400 and Head Office at Molyko, Buea, South West Region of the Republic of Cameroon.
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