a)Cash advance of Up to Ugx: 500,000/- a member pays a flat fees of Ugx 20k for payment made in full and Ugx.40k for payment made in two instalments.
b)UGX.501,000/- to Ugx1,000,000/- Member pays a flat fees of Ugx 30k for payments in full and 60k for payments in two instalments.
c)UGX.1,001,00/-to Ugx2,000,000/- Member pays a flat fees of Ugx 40k for payments in full and 80k for payments in two instalments
d)UGX 2,001,000/-to Ugx 3,000,000/- Member pays a flat fees of Ugx 50k for payments in full and 100k for payments in two instalments
e)UGX 3,000,000/- to maximum of Ugx 6,000,000/- Payment period of up to 6 months. A 4% p.m interest charged on reducing balance.
f)Cash advances are approved by the credit committee based on members net take home.
To create a cash advance, Click Cash Advances under Tasks on the Navigation bar > Click New, enter the relevant details and send it for approval.
