Products and Services

Products and Services

The Organization is presently offering microcredit services. The loans are extended to both men and women, in rural as well as urban areas. The key distinction of the Organization is the continued search for new products and channels through pilot branches/programs.

Methodology

The Organization has introduced loans to educational institutions and plans to introduce Personal Loans to Low Income Salaried Employees.

Operational Policy

Tughende Federal Credit Union Limited Operational Policy and Manual serves to provide guidelines to management and field staff at both the head office. This document is intended to strengthen the overall management capacity of TFCU Limited and to ensure high quality loan portfolio through the application of standard microfinance practices. It provides operational policies for external reference - such as financial institutions and clients - as well as operational manual for internal reference – TFCU Limited employees and the Board. The policies and procedures mentioned in this document are to be applied to every step of operations at TFCU Limited.

All Tughende Federal Credit Union Limited employees share responsibility for ensuring that operations are fully in compliance with the policies and procedures in this document.

Our Progress: Outreach

Tughende Federal Credit Union Limited is currently working in Kampala. The Company aims to expand to adjoining all Uganda in 3-5 years time. Key growth strategy will be market saturation rather than spatial expansion.


Personal Loan

Get a Tughende Federal Credit Union Limited Personal Loan within 24 hours of approval and meet a range of financial requirements with ease, like planning a vacation or your dream wedding, paying for your higher studies or home renovation, facing a medical emergency and more.

You don’t need to worry about pledging any collateral. Simply meet the basic eligibility criteria and avail funds up to UGX: 10,000,000 with minimal documentation. Repay your loan with ease with our flexible repayment tenor ranging from 4 months to 18 months.

Business Loans

With small business loans up to UGX: 10,000,000, funding for your small business is now just 24 hours away. Use the funds to invest in infrastructure, expand operations, upgrade to the latest plant and machinery, maintain inventory, or to even increase working capital. These customised loans can give your business the much-needed boost to help your enterprise scale to new heights with enhanced competitiveness and profitability.

Boda Boda Loans and Three Wheeler Loans

We create loans that help you focus on buying the best motorcycle or a three wheeler without worrying about running cash flow.

Loan Against Car

Get funding against your existing car, by transferring your loan to Tughende Federal Credit Union Limited!

Loan Against Property

Financing your child’s education, managing your wedding expenses, expanding your business, or even handling unforeseen medical expenses, a Loan Against Property from Tughende Federal Credit Union Limited enables you to do it all. Tughende Federal Credit Union Limited offers customised Loan Against Property to salaried and self-employed individuals.

The company was promoted by highly qualified Accounts and finance with the motto “Helping society to build a strong financial future”.