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About Private School Lending

Finance designed for private school proprietors to support operations, expansion, and cash-flow stability.

Who Can Apply

  • Must own a registered private school(Certified or Permission to Operate)
  • Borrower must be the Proprietor/Owner
  • School must have operated for at least 1 year
  • If there are more than 3 shareholders - Resolution to Borrow required

 

Eligible Uses

  • Working capital (fees gap, salaries, utilities, food)
  • Infrastructure upgrades (classrooms, dormitories, water tank/system installation)
  • Learning materials & equipment
  • Term preparation / Marketing expenses
  • Transport – School van / truck purchasing

Required Documentation

Proof of School Ownership /-2Registration

  1. Proof of school ownership
    (e.g. URSB Documents, Municipal License, Inspection Report)
  2. Ministry of Education Certificate / Permission to Operate
  3. ECD License (for Nursery Schools)
  4. Recommendation from DEO (Addressed to Premier Credit)

School Operation Proof

  • School fees collection receipts
  • Circulars / Curriculum
  • Admission forms / other school documents

Financial Records

  • School Bank Statement or Mobile Money Statement
  • School Pay Statement (if applicable)
  • Evidence of School Fees MM Collection
  • Signed Consent to Deposit to school account

 

Governance (where application)

  • Resolution to Borrow
    (for more than 2 directors)
  • At least 1–2 directors to guarantee the loan

Loan Terms

  • Minimum: 2 school terms
  • Maximum: 9 school terms
  • Loans ≤ UGX 5M → Maximum 3 terms

Repayment

  • Structured around school term cash flows

Why This Loan

  • Designed for school income cycles (termly following school calendar)
  • Supports fee collection / school budget gaps
  • Helps maintain smooth operations