📝 SACCO Loan Application Form

Calculation rules:
1. Max loan = 80% of member savings; 20% stays on account.
2. Guarantor account balance must equal the member’s savings balance.
3. Interest 5% / year → 3% member · 1% guarantor · 1% SACCO.
4. Early settlement allowed. Division governance structures are out of scope.

Division *

Applicant name *

Account *

FM code *

Applicant phone (SMS) *

Member savings balance (UGX) *

Requested loan (UGX) *

Guarantor name / account / FM code *

Period (years)

Purpose

Applicant digital signature *

Required. Confirms the applicant accepts the SACCO loan terms.

Loan applications

ID	Name	Account	FM code	Division	Savings	Loan	Remain	Guarantor	Interest	Status