For Borrower
For Investor

Frequently Asked Questions For Borrowers

Do I Qualify for a loan?

To qualify for a loan, you must be:

  • Be between 25 – 59 years old
  • Have a verifiable source of income
  • Live and / or work in Uganda.
  • Have a savings or current bank account with any commercial ban

How much can I borrow and for how long

You can borrow a minimum of 1,000,000/= and a maximum of 3,000,000/= depending on your monthly salary or income.

How do I apply for a loan?

Fill in the application on our website www.africapital.net or call 0752-600538 or 0776-539080

How long does it take to process the loan?

Your loan process can be completed in 24 hours provided all documents are valid & presented with your application.

What documents do you need?

A recent bank statement for the last three months, a National Identity Card, Passport Photo, appointment letter for your job. You scan and send to loans@africapital.net

How does AfriCash calculate my interest payable?

We use a Risk Based Pricing model which estimates the risk of lending to each applicant and prices accordingly.

How long can I pay back my loan?

We lend up to 3 months, you must pay back your loan within that time failure of which we shall charge you penal interest.

I receive my salary in cash, can I obtain a loan?

Yes, you can get a loan from us provided you provide a bank statement for the last 3 months where you bank your salary.

How do I pay my loan?

  1. Cash deposit or transfer into our bank account whose details shall be provided in the loan agreement.
  2. Mobile Money to 0752-600538 or 0776-539080
  3. Cheques: The cheques issued for payments will be presented to your bank on your due date. Please make sure you have enough funds to cover repayment.

Note: Cheques: If you don’t want your cheque to be presented and would prefer to pay via an alternative channel (cash deposit/transfer), please inform us by an email to loans@africapital.net at least 5 working days before your due date. This ensures that your cheque will not be presented.

Contact us
Privacy Settings
We use cookies to enhance your experience while using our website. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. We also use content and scripts from third parties that may use tracking technologies. You can selectively provide your consent below to allow such third party embeds. For complete information about the cookies we use, data we collect and how we process them, please check our Privacy Policy
Consent to display content from Youtube
Consent to display content from Vimeo
Google Maps
Consent to display content from Google