Housing Finance Bank Launches its Incremental Housing Loan dubbed ‘Zimba Mpola Mpola’

Housing Finance Bank Launches its Incremental Housing Loan dubbed ‘Zimba Mpola Mpola’

Housing Finance Bank has launched an Incremental Housing Loan to unlock opportunities for Ugandans to attain affordable home ownership and financial independence.

 

The Bank has crafted a product targeting all Ugandans whether salaried or in the informal sector called the Incremental Housing Loan, in a 4 months’ campaign dubbed ‘Zimba Mpola Mpola.’

 

With this innovation, anyone can now easily access UGX 200,000 to UGX 50M in less than 3 days and repayable in 3 years for any incremental home building needs like land purchase, incremental home construction and home improvement needs like water-power installations, lavatory construction, painting, paving, etc.

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Housing Finance Bank Launches its Incremental Housing Loan dubbed ‘Zimba Mpola Mpola’
Housing Finance Bank Launches its Incremental Housing Loan dubbed ‘Zimba Mpola Mpola’

The product has been tested and there are over 500 beneficiaries through collaboration with Boda Boda Association, Market Vendors, primary teachers, MSMEs and other working Ugandans.

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