Loan details

Loan Applicant Requirement:

* Age between 20 to 60

* Uganda Citizenship

iSente loan infomation:

1. loan amount: Ugx90,000 - Ugx 600,000

2. Loan period: More than 90 days while the longest time is 365 days

3. APR : Minimum12% to Maximum 50%

Example:

If your Loan principal is UGX160,000.

Payment period is 180days, and the APR is 50%;

The total Service fee should be UGX160,000 * 50%(APR)/2 = UGX40,000.

And the total repayment amount should be 160,000+160,000*50%/2=UGX200,000

Repayment Example:

If you choose to make a one-time repayment, then you will make a one-time repayment of UGX200,000 after 180 days.

If you choose to make monthly repayments, your monthly repayment amount will be UGX200,000/6 = UGX33,333.33

Fee Details:

Loan principal: UGX160,000 (180 days)

Loan fee(total fee of the loan): UGX40,000(=UGX160,000 * 50%(APR)/2)

Total amount payable: UGX200,000(=160,000+160,000*50%/2)

APR: 50%