Up to UGX 2,000,000
At BlackGold Finance, we recognize the pivotal role that boda boda riders play in Uganda's transportation sector. To support the entrepreneurial spirit of boda boda operators and help them achieve their financial goals, we offer specialized boda boda loans designed to address their unique needs and challenges.
Boda boda loans from BlackGold Finance are tailored to empower boda boda riders by providing them with access to timely and affordable financing. Whether you're looking to purchase a new motorcycle, repair your existing one, or expand your boda boda business, our loans can help you achieve your objectives with ease.
Take your boda boda business to new heights with a boda boda loan from BlackGold Finance. Apply online or visit one of our branches today to get started on your journey to financial success. Let us be your partner in prosperity as you navigate the road ahead.
Payment Cycle
Daily, Weekly, Monthly
Requirements
- National ID card
- 1 Passport size photo
- Security for the loan which will be retained until the repayment is covered
- 2 Guarantors with National IDs and passport size photos
- Registered mobile money numbers in applicant's name
- Valid riding permit
- Recommendation letter from the Boda Stage Chairman
- Recommendation letter from the Local Chairman (LC1)
- Loan Application fee - UGX 20,000 (For first time applicants)