umino Community Loans Services
"as small and short as possible"
our stories
...FOSTERING SMALL SCALE ECONOMICAL GROWTH.
We enable individuals to invest in their businesses and communities, which can lead to increased economic growth and improved standards of living. UMINO also empowers people to take control of their financial futures and build a better future for their families and communities.
frequently asked questions
What does one need to qualify for a loan?
Should be 18 years and above Must be below 70 years Must be a resident of our area of operation Must have lived in our area of operation for not less than 2 years. One loan per household.
Where do you operate from?
We are currently in eastern province we provide loans in the following areas; rufunsa, Luangwa, Nyimba, Petauke, Sinda, Katete, lumezi, Lundazi , Chadiza, Chanida and vubwi
Do you give salary backed loans?
No, we currently do not offer salary backed loans
What is the minimum loan amount?
Our minimum loan amount is K3000.
What type of loans do you offer?
Business loans only
What is minimum and maximum duration for a loan?
3months-36 months
What businesses do you finance?
We finance small medium enterprises such as groceries, hardware, metal fabrication, poultry, transport, piggery,real estate, tailoring, mobile money, boutique, salon, gardening, cooking oil production. Etc.
What types of business do you not finance?
Activities which are harmful to the environment or human health a) Production/selling of charcoal, alcoholic beverages, tobacco Activities which are unethical b) Businesses which involve child labor, or which offer too low salaries to employees
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Use Our USSD Service to Manage your loans effortlessly!
Take control of your finances with our easy-to-use USSD Code for the following:
- Apply for Loans Instantly
- Check Your Loan Balance
- Track Your Repayment Schedule
- Make Repayments on the Go.
- Register Complaints with Ease.