Salama UG

Salama UG App is a product of PDMS facilitating quick reservations and deduction management for public workers

NB Minimum period of repayment: 3 months Maximum period of repayment: 2 years (24 months) Maximum APR: 28%

Representative Example:

• Loan Amount: Ugx 10,000,000
• Loan Term: 24 months
• Annual Percentage Rate (APR): 20%
• Additional Fees:
  • Origination Fee: Ugx 20,000
  • Insurance Component: Ugx 175,746.37
• Total Interest Charged: Ugx 2,214,992.62
• Total Fees: Ugx 195,746.37 (Origination Fee: Ugx 20,000 + Insurance: 175,746.37)
• Total Repayment Amount: Ugx 12,410,738.99 (Loan Amount: Ugx 10,000,000 + Total Interest Charged: Ugx 2,214,992.62 + Total Fees: Ugx 195,746.37)