BlackGold Finance is located in Kansanga, in Rofra House which is next to the International University of East Africa, Level 4 Room 3.

The company offers Salary, Business, Emergency and Boda Boda Loans.

Our loans are typically disbursed within a 48hour period following the assessment conducted by our loan’s officers, to verify the prospects security. However, emergency loans are typically disbursed within hours, provided security is presented, and all other requirements are met.

We open at 8am and close at 5pm from Monday to Friday.

With the exception of the salary loans, all applicants are expected to provide security which is valued at twice the amount of the loan requested for.

• Once a client defaults on a weekly or daily payment, a fine of 2% of the weekly or daily payment is added on a daily basis.
• Should the loan period elapse, a notice is given to the client in writing. The client is then given two weeks, after which if they cannot make a payment then the security is sold.

All security offered, must be valued at twice the amount asked for. For instance, if taking a loan worth UGX 500,000 then the security must be valued at 1,000,000. Security can come in the form of a TV, Boda Boda, Laptop etc, and we also accept other household items like gas cookers and fridges among others.

Typically, our loans do not exceed UGX 5,000,000 however for clients who have a good track record with us, and who have displayed capacity to pay the money back a higher fee can be negotiated.

Typically our loans start as low as UGX 50,000 (for the emergency loans), however our minimum for the other loans is UGX 100,000

The loan period goes for as low as one week, to 3 months.