LOMS Micro finance finances small and micro enterprises to expand their ventures. The applicants are normally in a group of 15-25 members and co- guarantee each other to access working capital for their businesses. LOMS Micro finance finances small and micro enterprises to expand their ventures. The applicants are normally in a group of 15-25 members and co- guarantee each other to access working capital for their businesses. They benefit from free financial literacy training offered by LOMS field staff.

Benefits

• Service at your door step
• Friendly terms and conditions
• Monthly meeting only
• Low monthly savings
• Loans from 200,000/=

What is required to apply for this loan

• Copy of National ID Card
• Passport photo
• Loan origination fee UGX 40,000
• Insurance 1% of loan amount
• KYC verification UGX 40,000 Upto UGX 80,000