Taking care of your school fees, scholastic material and well-being of teachers and schools in one platform. Investing in education is investing in a brighter future. At LOMS Microfinance, our school fees loan ensures that you can afford quality education for your children or yourself without the burden of financial strain. We are committed to making education accessible and affordable, helping you cover tuition and other educational expenses with ease.

Key Features of Our School Fees Loan

• Manageable Repayment Plans: Enjoy flexible repayment options tailored to your financial situation, allowing you to focus on education rather than financial stress.
• Quick Approvals: Our streamlined application process ensures fast approval and disbursement, so you can secure your educational needs promptly.
• Competitive Interest Rates: Benefit from low and competitive interest rates that make financing education more affordable.
• Comprehensive Coverage: Use the loan to cover a wide range of educational expenses, including tuition, books, uniforms, and other related costs.
• Loans from 200,000/=

LOMS in partnership with Elimu pesa extends financial access to education sponsors, encompassing parents, guardians, and devoted relatives actively supporting students in their educational pursuits. Additionally, we collaborate with schools, aiding them in acquiring crucial educational infrastructure like computer labs. It's important to note that we also offer loans to teachers, further expanding our commitment to supporting the entire education community. Member based initiative powered by data analytics to assess loan approval.

Teachers micro loan

Experience easy, rapid and hassle-free loans for teachers. Elimu Pesa offering special Personal Micro Loan for Teachers

Parent /Guardian account

Key features

• Open account online
• Submit all documents as parent or guardian
• National ID
• Proof of residence and employment
• Provide detail about your child and school
• Account opening UGX 10,000
• ccount Annual maintenance fee UGX 10,000
• Unsecured School fee loan of between UGX 100,000 and UGX 400,000 per term
• Unsecured school material like books, mathematics set, uniforms and shoes maximum amount UGX 500,000
• Interest rate 15% per loan tenure
• Insurance 1% of the loan
• KYC verification UGX 20,000

Ticho account

Experience easy, rapid and hassle-free loans for teachers. Elimu Pesa offering special Personal Micro Loan for Teachers.

Key features

• Open account online
• National Identity
• Proof of employment
• Attach 3 months pays lip
• Attach 3-month bank statement
• Loan backed by salary
• Account opening balance UGX 10,000
• Annual subscription UGX 10,000
• Amount between UGX 30,000- UGX 100,000 within a month
• Interest rate 15% per loan tenure
• Insurance fee 1% of the loan amount

School account

Key feature

• Open account online
• Account creation fee one-time UGX 50,000
• Annual account maintenance UGX 30,000
• Director ID
• Registration certificate and license
• Provide detail about school location list of learners
• Account number from LOMS microfinance ltd is an added advantage for speed approval
• Provide school email and telephone indemnification
• Provide school merchant code number and account name if remittance is through mobile money