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Pride Microfinance Salary Loan

Salary-backed loans for salaried clients with flexible terms

UMRA Regulated
Pride Microfinance

Pride Microfinance (MDI)

Pride Microfinance is a Microfinance Deposit-taking Institution (MDI) licensed by the Bank of Uganda, offering financial services to individuals and small businesses across Uganda.

Microfinance Institution
Est. 1995
Government-owned

Loan Overview

Key Features

Flexible terms

Repayment periods ranging from 12 to 36 months

Support for salaried clients

Designed specifically for employees with regular income

Various repayment options

Multiple ways to make your monthly payments

Quick processing

Loan approval within 2-3 business days

Loan Details
Interest Rate:20-30% (flat)
Loan Amount:Up to UGX 130,000,000
Tenure:12-36 months
Processing Fee:Varies (typically 2-3%)
Security:Salary assignment
Disbursement:2-3 business days after approval

Eligibility & Requirements

Who Can Apply

Salaried employees

Must have a regular income from employment

Age requirement

Between 18 and 60 years old

Employment stability

Minimum 6 months with current employer

Account holder

Must have a savings account with Pride Microfinance

Required Documents

Identification

National ID, passport, or voter's card

Proof of employment

Employment contract or letter from employer

Proof of income

Recent payslips (at least 3 months)

Proof of residence

Utility bill or tenancy agreement

Application Process

  1. 1

    Open an account

    If you don't already have one, open a savings account with Pride Microfinance.

  2. 2

    Visit a branch

    Visit your nearest Pride Microfinance branch with your required documents.

  3. 3

    Submit application

    Complete the loan application form and submit it along with all required documents.

  4. 4

    Loan assessment

    Pride Microfinance will assess your application, verify your employment, and check your credit history.

  5. 5

    Loan disbursement

    Once approved, the loan amount will be disbursed to your Pride Microfinance account.

Repayment Options

Salary Deduction

Automatic deduction from your salary through your employer.

Standing Order

Set up automatic monthly payments from your bank account.

Mobile Banking

Make payments through Pride Microfinance's mobile banking platform.

Branch Payments

Visit any Pride Microfinance branch to make your monthly payments.

Frequently Asked Questions

Loan Calculator

Use our loan calculator to estimate your monthly repayments based on loan amount, interest rate, and tenure.

Loan Calculator
Calculate your monthly loan repayments
USh 5,000,000
25%
24 months

Monthly Payment

USh 0

Total Interest

USh 0

Total Payment

USh 0

This calculator provides estimates only. Actual loan terms may vary based on credit history, additional fees, and lender policies.

Ready to Apply?

Visit your nearest Pride Microfinance branch with your required documents to apply for a salary loan.

Visit a Branch

Pride Microfinance Head Office

Victoria Office Park, Plot 6-9, Nyonyi Gardens, Kololo, Kampala

Opening Hours

Monday to Friday: 8:00 AM - 5:00 PM

Saturday: 9:00 AM - 1:00 PM

Need Help?
Our financial advisors are ready to assist you

Free consultation

Get expert advice on choosing the right loan for your needs

Document assistance

We can help you prepare all required documentation

Application support

Step-by-step guidance through the application process

Contact an Advisor