The EFC Women Market Trader Loan is specifically designed for women entrepreneurs who need fast and efficient small loan services. It may be used to finance a wide range of activities including working capital, equipment purchases, investments and agricultural supplies to name a few. The product is aimed at improving women’s livelihood by empowering micro entrepreneurs financially.

Product features;

• Minimum loan amount starting from Ugx 1,000,000
• Convenient repayment period from 6 – 18 months

Benefits of financing with EFC Uganda

• Competitive rates calculated on a reducing balance
• Lower interest rate for repeat loans
• Quick and easy access to credit

Eligibility;

• The borrower must be an entrepreneur or merchant, or other legal entity engaged in income-generating activities
• Be of the age of majority
• Have at least 6 months experience in the same business;
• Be able to demonstrate competence and expertise in the particular business sector
• Demonstrate capability of operating a business profitably
• Have a guarantor
• Have collateral (e.g business equipment, vehicle, house or land)