| Interest Rate | 25% |
| Duration | From 7 Days |
| Access Level | Public |
| Company Name | KLucky |
| Phone 1 | |
| Phone 2 | |
| Website or Store | |
| Address | |
| Category | Mild Loan |
| Company Email | kezaabuluckyapps@gmail.com |
| Views | 81 |
Step by step guide to break free from loan apps
About SweetLoan Uganda
Are you in urgent need of money to cover unexpected expenses? SweetLoan Uganda offers fast, easy, and reliable instant loans directly to your mobile wallet! Whether you need funds for emergencies, bills, school fees, or business needs, SweetLoan provides quick loans in Uganda with a simple application process.
Why Choose SweetLoan Uganda?
✅ Instant Approval – Get money within minutes after approval.
✅ No Credit Card Needed – Access loans without collateral or a credit card.
✅ Flexible Repayment – Repay in installments over 91 to 365 days.
✅ Low-Interest Rates – Competitive APR from 12% to 50%.
✅ 24/7 Access – Apply anytime, day or night!
How to Get a Loan in 3 Simple Steps
1️⃣ Download the SweetLoan App – Available for Ugandan residents.
2️⃣ Request Your Loan Amount – Choose between UGX 90,000 to UGX 600,000.
3️⃣ Receive Cash Instantly – Funds are sent directly to your mobile money account.
Who Can Apply?
Must be 20–55 years old (minimum age 18 for some loans).
Valid Ugandan ID required.
Active mobile money account (MTN, Airtel, or others).
Loan Details & Fees
💰 Loan Amount: UGX 90,000 – UGX 600,000
📅 Loan Term: 91 days up to 365 days
📊 APR: 12% – 50% (No hidden charges)
💡 Example Calculation:
Loan Principal: UGX 160,000
Loan Term: 180 days
APR: 50%
Total Fee: UGX 40,000 (UGX 160,000 × 50% ÷ 2)
Total Repayment: UGX 200,000
Repayment Options:
✔ One-Time Payment: Pay UGX 200,000 after 180 days.
✔ Monthly Installments: Pay UGX 33,333 per month for 6 months.
Get Money Now – Solve Financial Emergencies Fast!
Need urgent cash for medical bills, school fees, or business capital? SweetLoan Uganda gives you quick loans with no stress!
🚀 Download the App Today & Get Instant Cash!
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.
Join our Facebook Group
Reviews
Related Loans
.webp){kind=small}
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.
