| Interest Rate | 30% |
| Duration | From 7 Days |
| Access Level | Public |
| Company Name | SimpleLoan Platform |
| Phone 1 | |
| Phone 2 | |
| Website or Store | |
| Address | |
| Category | Mild Loan |
| Company Email | hello@kashbus.com |
| Views | 104 |
Step by step guide to break free from loan apps
About KashBus
Need urgent funds in Uganda? KashBus offers fast, secure, and hassle-free loans to help you manage unexpected expenses. Whether it's a medical emergency, car repair, or urgent bills, our instant loan app provides quick financial solutions with low-interest rates and flexible repayment options.
Why Choose KashBus for Your Instant Loan Needs?
✅ Lightning-Fast Approval – Get approved within minutes, not days! No lengthy paperwork or waiting periods.
✅ Flexible Loan Amounts – Borrow from UGX 30,000 to UGX 500,000 based on your needs.
✅ Convenient Repayment Plans – Choose a repayment term between 91 to 365 days with manageable installments.
✅ Zero Loan Processing Fee – Enjoy 0% interest with transparent APR rates (15% - 34%).
✅ 100% Secure & Confidential – Advanced encryption protects your personal and financial data.
✅ User-Friendly Mobile App – Simple, intuitive, and easy to navigate for a seamless borrowing experience.
How to Get a Loan with KashBus in Uganda
1️⃣ Download the App – Get KashBus for free from the Google Play Store.
2️⃣ Register & Apply – Fill in basic details and select your desired loan amount.
3️⃣ Instant Approval – Receive quick approval and get funds disbursed directly to your account.
4️⃣ Repay Stress-Free – Flexible repayment options to suit your budget.
Loan Eligibility Requirements
✔ Must be a Ugandan citizen
✔ Age between 18 - 55 years
Loan Example Breakdown
Loan Amount: UGX 200,000
Loan Term: 180 days
APR: 20%
Total Repayable: UGX 220,000
Monthly Installment: UGX 36,666.67
Responsible Borrowing with KashBus
We encourage smart financial decisions—only borrow what you can repay comfortably. Late payments may affect future loan eligibility.
Expert Counsel
Loan Agreements in Uganda: Understanding Your Rights
Under Ugandan law, loan agreements can be deemed invalid or unenforceable in certain situations. These include:
- Unlicensed Money Lenders: Operating without a valid license from the Bank of Uganda can make contracts unenforceable under the Financial Institutions Act.
- Excessive Interest Rates or Hidden Fees: Contracts with unconscionable terms may be unenforceable under consumer protection laws, as regulated by the Uganda Microfinance Regulatory Authority (UMRA) for Tier 4 microfinance institutions.
- Fraud, Misrepresentation, or Coercion: Contracts obtained through deception, misleading statements, or threats can be voidable under the Contracts Act.
- Breach of Privacy & Harassment: Loan apps that invade borrowers' privacy or engage in harassment may have contracts that can be challenged as invalid under the Data Protection and Privacy Act.
- Lack of Written Agreement: While not strictly defined for all loan amounts, having a written contract is advisable for clarity and enforceability.
- Violation of Loan Tenure & Repayment Rules: Contracts that violate guidelines set by the Bank of Uganda or relevant regulatory bodies may be challenged.
- Duress or Undue Influence: Contracts signed under threats, blackmail, or undue influence are invalid under Ugandan Contract Law.
- Lending to Minors: Loan contracts with individuals under 18 years old may be void or voidable, depending on the circumstances, under the Contracts Act and the Children's Act.
Understanding these points can help borrowers navigate loan agreements and protect their rights in Uganda. Borrowers are advised to seek legal counsel or financial advice when entering into loan agreements.
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Safely Report A Loan Shark
If you have borrowed from a loan shark or are worried about someone else, we’re here to help and keep you safe. Learn how to break free from their grasp.
