gisubizo loan express

Gisubizo Loan Express

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Gisubizo Loan Express is an unsecured loan that seeks to meet short term financial needs/urgent needs of our retail Customers (e.g. payment of medical bills, utility bills, school fees, car repairs, holidays etc.).

Key Features :

  • Salary is considered as a guarantee. 
  • Flexible amortization schedule i.e.: restructuring of the loan is free, if done in the same tenure.
  • When you wish to pay off the loan before the end of the tenure, you will incur no prepayment penalties if repaid in part or in full.
  • The loan can be multiplied up to fifteen times your net salary.
  • The duration of the loan will extend on a period of up to 5 years. 
  • Up to 50% of your salary will be considered as monthly repayment. 
  • The loan will have a fast Turn Around Time (5 days maximum) if all the requirements are fulfilled on time. 
  • No requirement for collateral if the loan does not exceed 5Million. 
  • Above 5 million, the bank will request a collateral on excess amount.

Eligibility criteria:

  • Be an employee with a fixed or open-end contract that covers the tenure of the loan. 
  • Have a regular monthly income for at least the past 3 months. 
  • Be willing to commit up to 50% of your monthly salary. 
  • Have a clean Credit Reference Bureau report.