Frequently Asked Questions (FAQS)

Frequently Asked Questions

What do I need to get a Group Loan with Sunrise Credit?
- Valid National ID
- 2 Passport Photos
- Have a valid LC Letter
- Have a weekly source of income
- Have two guarantors
- Should be between 18-65 years of age
What Do I need to get an Individual Loan with Sunrise Credit?
- Collateral (Household Chattels, Land, Motor Vehicle, Bikes etc).
- Valid National ID
What Do I need to get a boda-boda loan with Sunrise Credit?
- A Valid National ID
- Two Guarantors
- LC Letter
- Letter from the Stage Chairperson
- A Commitment Fee
- Age (20-60)
What is required to get a Clean Energy loan?
- A Deposit of UGX 18,000
- Must be a Member of a Group
How Long Does it Take to Get any Loan with Sunrise Credit?
- It takes 30 minutes to get an individual loan
- It takes 2 weeks to get a group loan
- It take 2-3 days to get a Boda/ Motor Vehicle Loan