As each loan type got proposed on different basis, there exist a bit difference in both upper and lower bounds across different loan types and are summarized in the table below:

LOAN TYPE MINIMUM PRINCIPAL MAXIMUM PRINCIPAL
Shareholders Loan  Rwf 15,000.0  Rwf 100,000.0
Loyal Loan  Rwf 15,000.0  Rwf 100,000.0
Special Purpose Loan  Rwf 100,000.0  Rwf 800,000.0
Quick Loan  Rwf 15,000.0  Rwf 50,000.0
Entity Loan  Rwf 50,000.0  Rwf 200,000.0



All we do is to promote quick service delivery to ensure customer satisfaction. However, we need to pay attention and work on some preliminaries of pre-approval. The processing period varies across different types of loans.

LOAN TYPE MINIMUM PROCESSING PERIOD MAXIMUM PROCESSING PERIOD
Shareholders Loan   2 days   3 days
Loyal Loan   2 days   3 days
Special Purpose Loan   3 days   5 days
Quick Loan   4 hours   12 hours
Entity Loan   3 days   5 days

The mentioned processing period is counted starting from the time of receiving all documentations as per application checklist. Only working days are considered.


The length of the Interest Period is determined by the Agreement. With respect to the loans, continuous Interest Periods shall be applied. However, the maximum interest period is specified for each loan type.

LOAN TYPE ALLOWED WITHOUT AMORTIZATION ALLOWED WITH AMORTIZATION CONDITION
Shareholders Loan   1 month - 2 months   1 month - 3 months
Loyal Loan   1 month - 2 months   1 month - 3 months
Special Purpose Loan   1 month   1 month - 3 months
Quick Loan   1 month   1 month
Entity Loan   1 month - 2 months   1 month - 3 months

The initial day of the first Interest Period is the first Disbursement Day, which also applies to any further loans disbursed during the first Interest Period; and all further Interest Periods shall commence on the last day of the previous Interest Period, and the Interest Period shall be applicable to loans disbursed both during and before the given Interest Period.

Learn about interest rates and charges