Solar Loan
Our Solar Loan helps families and businesses use solar energy for lighting, especially in areas where hydroelectric power is not reliable. This loan makes it easier for you to access modern solar technology to brighten your home or business. RUSSO supports the government in bringing electricity to rural areas, helping members who cannot access hydroelectric power. With our solar loan, you can enjoy clean, reliable energy without the worry of power cuts.
Requirements
- Loan amount is between 100,00 to 10,000,000ugx
- Loan period of 1- 24 months.
- Interest rates of 2.8% with declining balance.
- Repayment mode – Monthly/quarterly.
- SACCO pays all installation and equipment costs.
- Total costs involved is a loan amount disbursed to a client.
- No Grace period is given to a client