Ecobank Uganda has unveiled "KIGGALE ne' Ecobank Campaign" offering a two instalments repayment break at the start of the loan.
This offering allows customers to access salary loans of up to $100,000 (shs 372 million) and only start paying between April and May 2025, giving them the opportunity to repurpose income in the first two months of their borrowing.
The initiative is designed to empower customers at the start of the year to address the financial strain many face after the holiday season, a time often humorously referred to as "Jan worry".
The campaign will offer timely support for families managing back-to-school expenses, and individuals pursuing their 2025 goals.
Speaking at the launch, Ms. Grace Muliisa, Ecobank Managing Director, said:
"The "KIGGALE ne Ecobank Campaign" is more than just a financial offer; it's a partnership that will help customers jumpstart their 2025 goals without financial pressure," said Grace Muliisa, the Ecobank Managing Director.
Officials said the campaign goes beyond the repayment holiday, offering a tailored suite of benefits including flexible repayment of between 60 and 84 months, zero monthly fees with the advantage account, complimentary visa gold card for seamless banking convenience and competitive pricing starting as low as 15.9%, offering affordability and accessibility.
According to Muliisa, with this campaign, Ecobank reaffirms its commitment to being a trusted financial partner, offering innovative and customer-centric solutions.
"The Kiggale ne Ecobank" initiative reflects the bank's dedication to empowering customers, addressing practical financial challenges, and enabling them to achieve their dreams with ease."