ABA Uganda gives you the power to create your own financial freedom. Our loan products are simplified and personalized to suit your needs. We give you a range of options, and you can apply for and receive a loan within two working days. Save the hustle, you don’t need to present your business plan Get your loan disbursed within 2 working days We accept affordable collateral In case of death and other incident, you don’t have to worry – all ABA loans are insured We give you flexibility to choose your repayment period Our credit products are tailored towards meeting individual needs, but we also offer groups loans. Whether you are a farmer or a business entrepreneur seeking to take your business to another level, you can rest assured that one of our various loan products will help get you there.
We are committed towards giving you the best financial service that’s why we all work together as a team and devote the best of our ability to providing the best and most customer friendly loan services. Our process is completely secure since we are registered and regulated by Uganda micro-finance regulatory authority (UMRA).
If you need a quick cash boost then a short term loan is the ideal ABA loan solution for you. Short term loans can help you to: Pay unexpected bills such as medical bills Pay for a funeral, wedding or family event Farming and crop planting Pay for your child’s school fees. A short term loan repayment plan offers manageable amounts that can be paid over a 3, 6, or 9 – month time period.
Our service is completely transparent: We calculate the total amount repayable upfront, showing you the figures clearly before you apply. We don’t charge service fee and the full cost to ensure it’s absolutely clear, and we never change the rate we charge. The only way costs can increase is if you fail to honour the agreement.
Generally, a car or vehicle is one of the most valuable items we own yet some people do not realise they could use this to borrow money. One popular aspect of this style of secured borrowing is that it allows the vehicle’s owner to retain the use of their car / bike / van etc. whilst repaying the loan – the lender will simply retain their V5 Document (or “Logbook”)
An ABA Loan is a quick and easy loan. We give you the funds at competitive interest rates and you only start repaying after agreed time
A secured loan is a loan in which the borrower pledges some asset (e.g. a car or any home appliancy that may contain value doubling the amount requested ) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan. The debt is thus secured against the collateral, and if the borrower defaults, the creditor takes possession of the asset used as collateral and may sell it to regain some or all of the amount originally loaned to the borrower. An example is the foreclosure of a home. From the creditor's perspective, that is a category of debt in which a lender has been granted a portion of the bundle of rights to specified property. If the sale of the collateral does not raise enough money to pay off the debt, the creditor can often obtain a deficiency judgment against the borrower for the remaining amount.
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