Equity Bank Uganda is certainly offering a significant uplift to the educational sector in Uganda. Beaides its ELP program, the bank has stepped in to help schools secure affordable asset financing, enabling them to progress and meet their termly goals.
According to Equity Bank, educational institutions can now obtain loans to buy essential assets like generators and school buses. This initiative will assist schools in operating efficiently without any obstacles.
Currently, Equity Bank Uganda has made available tailored financing options amounting to 16 billion shillings for schools that are interested in borrowing. The advantageous part is that these funds can be repaid over a span of 72 months.
This three-year repayment period alleviates the financial pressure on schools, allowing them to repay the loan at their own pace.
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With frequent power outages, having a reliable generator is crucial for any school that aims for excellence, and with Equity’s support, students can rely on continuous academic resources.
In today’s fast-paced world, parents often lack the time or resources to escort their children to school. As a result, the presence of school buses has become a critical factor for many parents when choosing a school for their child. Equity Bank assists school administrators in meeting this essential requirement.
Additionally, the bank’s competitive rates and flexible repayment options enable schools to strategize for their future growth. Therefore, if you’re eager to enhance your school to the highest possible standards, Equity Bank is the solution.
For more details, visit your closest Equity Bank branch or contact them through the information provided on their website and social media platforms.
In the meantime, the bank operates as a subsidiary of Equity Group Holdings, one of the foremost providers of banking services in Uganda and East Africa.
Their offerings range from asset financing and digital banking solutions to personal and business banking services. Equity Bank is regulated by the Bank of Uganda.