Kampala, Uganda | THE INDEPENDENT | Ugandans hoping to live under their roof have a new opportunity to do so with 100% financing from Stanbic Bank, courtesy of a new lending campaign dubbed “Oli Sorted” launched May 23.
The 90-day campaign which targets the back-to-school season also enabled parents to borrow up to UGX 350 million in unsecured personal loans from Stanbic Bank, to support them pay school fees and other attendant expenses.
Israel Arinaitwe, the Head of Personal Banking at Stanbic Bank said the campaign is a timely response to address the needs of customers who require financing different aspirations in life. “We are simply responding to what we hear and see from the feedback of our customers they are tired of renting, they want to get more money, but they also want longer repayment tenures, so we are responding in the affirmative through this campaign,” said Arinaitwe.