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Kray Microfinance > Our Services > Fast Fix Loan

Fast Fix Loan

This is our inaugural loan given to all first time borrowers with Kray. The maximum amount is Ugx 500,000 and repaid weekly for a maximum period of eight (8) weeks.

On the second cycle the borrower depending on their previous repayment behavior, cash flow growth, and available collateral shall grow their loan limit by 25% up to Ugx 999,999 and shall graduate to the Microbiz loan.

What are the benefits of an Fast Fix loan?

Our FastFix loan can be availed easily and it is time-convenient. You can complete the entire loan application process at our office and at any time. If your loan application is approved, the loan amount will immediately be disbursed into your account.

How will I receive the disbursed loan amount once my application has been approved?

In most cases, the loan amount will be disbursed to your bank account or mobile money account, provided that the loan application has been approved.


Loan Features

  • Loan repayment period is four (4) weeks
  • Application, disbursement and repayment is through the mobile phone
  • Loan amount graduates as per customer’s repayment behavior

Loan Requirements

  • A valid National ID
  • Proof of business ownership
  • Proof of cash flows
  • Collateral security in form of chattels
  • 1 co-borrower/guarantor

Our Services

GET THE DOCUMENTDownload the pdf file of latest update for this service.

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Please feel free to contact us. We will get back to you with 1-2 business days. Or just call us now

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