🏦 RSU · SACCO Loan Scheme
Wendi Ledger divisions: RSU · PDM · MECHANICS · Online: kawokowebz.rsu1.uk
Scheme rules (example):
• Member with UGX 100,000 savings, first loan → max UGX 80,000 (80%), UGX 20,000 stays on account (20%).
• Guarantor: guarantor account balance must equal the member’s savings balance.
• Interest 5% per year: 3% for the member · 1% for the guarantor · 1% for the SACCO.
• Early settlement is allowed; member may take the next loan when ready.
• Member with UGX 100,000 savings, first loan → max UGX 80,000 (80%), UGX 20,000 stays on account (20%).
• Guarantor: guarantor account balance must equal the member’s savings balance.
• Interest 5% per year: 3% for the member · 1% for the guarantor · 1% for the SACCO.
• Early settlement is allowed; member may take the next loan when ready.
1) Record / update savings
2) Loan eligibility calculator
SACCO loans (RSU division)
| ID | Member | Savings | Loan | Remain on acct | Guarantors | Interest 5%/yr | Member 3% | Guar. 1% | SACCO 1% | Status | Date |
|---|
Savings balances
| Member | ID | Balance | Village | Updated |
|---|